US Secret Service Launches Global Crypto Scam CrackdownšŗšøšØ
šŗšøšØ The US Secret Service has initiated a worldwide operation to combat cryptocurrency scams, announced on July 06, 2025.
š£ Targeting fraudulent schemes that have defrauded millions, the agency aims to enhance international cooperation and dismantle illicit networks.
š This move follows a surge in crypto-related crimes, with losses exceeding $4 billion in 2024, per web estimates.
š” While praised for protecting investors, critics question if itāll address root causes like platform vulnerabilities. Will this global effort curb scams, or merely shift them to new jurisdictions?
#USSecretService #CryptoScams #CyberSecurity