🚨 The U.S. Secret Service has become a top holder of cryptocurrencies 🚨

According to Bloomberg, the U.S. Secret Service (USSS) has seized cryptocurrency worth nearly $400 million over the past decade, making it one of the largest holders of digital assets in the world. The majority of the seized funds are stored in one "cold" wallet, which is considered one of the most valuable on a global scale.

The USSS division known as the Global Investigative Operations Center (GIOC) is actively investigating cryptocurrency fraud. In 2024, the U.S. suffered losses from crypto fraudsters amounting to $9.3 billion, of which nearly $2.8 billion were lost by elderly individuals.

The agency collaborates with major companies such as Coinbase and Tether to track and confiscate stolen funds. In 2023, Tether froze $225 million related to human trafficking, and operations were also conducted to confiscate assets from the cryptocurrency exchange Garantex.

Stay tuned for cryptocurrency news!

#cryptocurrency #SecretService #cryptofraud #confiscation #blockchain #Coinbase #TetherUpdate