Crypto Crackdown: US Secret Service Seizes $400 Million in Crypto

Over the last decade, the US Secret Service has reportedly seized nearly $400 million in cryptocurrency assets as part of its ongoing fight against online fraud. The agency’s Global Investigative Operations Center (GIOC) has played a crucial role in tracking illicit funds, utilizing blockchain analysis, open-source tools, and thorough investigative methods. Tether and Coinbase Help US Agents Target Crypto Fraud According to a Bloomberg report, a significant portion of these seizures stems from crackdowns on fraudulent investment platforms. In these schemes, victims are lured into believing they are profiting from legitimate crypto investments, only for the platforms to vanish with their funds source: https://beincrypto.com/us-secret-service-seizes-400-million-crypto/