U.S. Secret Service Seizes $400 Million in Crypto from Criminals
2025-07-06 08:16:13
Main Idea
The U.S. Secret Service has seized $400 million in cryptocurrency from criminals, with $225 million confiscated in a single month, using blockchain analysis and cyber surveillance tools.
Key Points
1. The U.S. Secret Service recovered approximately $400 million worth of cryptocurrencies from criminals, including $225 million in one month.
2. The Global Investigation Operations Center (GIOC) used blockchain analysis, cyber surveillance, and fieldwork to track and seize the funds.
3. Over ten years, GIOC retrieved an additional $175 million through meticulous tracking of Bitcoin, Ethereum, and counterfeit currency operations.
4. GIOC provides free weekly training sessions in over 60 methods to enhance law enforcement capabilities in cryptocurrency-related investigations.
5. Tether integrated the FBI and Secret Service onto its platform in 2023, enabling immediate action on seized cryptocurrencies.
Description
The U.S. Secret Service recovers $400 million in cryptocurrencies from criminals. Continue Reading: U.S. Secret Service Seizes $400 Million in Crypto from Criminals The post U.S. Secret Service Seizes $400 Million in Crypto from Criminals appeared first on COINTURK NEWS .
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