🚨 $225M Crypto Scam Bust: Coinbase & US Secret Service Make History
Breaking News:
A joint operation between Coinbase, the US Secret Service, and Tether has seized $225M in crypto – the largest scam-related forfeiture ever.
🔍 Operation Breakdown:
▪️ Coinbase’s Role: Traced $2.3M for 130+ victims in 72hr "investigative sprint"
▪️ OKX Ties: 140 accounts linked to SE Asia scam rings
▪️ Tether’s Move: Froze & burned 39 USDT wallets
💡 Why This Matters:
✅ Proves crypto isn’t anonymous – forensic tracing works
✅ Shows exchanges + law enforcement can collaborate effectively
✅ Stablecoins aren’t safe havens for criminals
⚠️ User Warning:
Scammers increasingly target DeFi newbies with:
✔️ Fake investment platforms
✔️ "Guaranteed returns" schemes
✔️ Romance/pig-butchering traps
#ScamAlert #Coinbase #USDT #LawEnforcement #CryptoNews
Protect yourself:
🔸 Verify platforms (check CoinMarketCap/CoinGecko)
🔸 Never share private keys
🔸 Report suspicious activity
(Not financial advice. Stay vigilant!) 🚔