🇺🇸 Today: Coinbase reveals a pivotal role in assisting the U.S. Secret Service in seizing $225 million worth of stolen cryptocurrencies!

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🕵️‍♂️ The Operation:

– The Coinbase platform announced its participation in a major security operation in collaboration with the U.S. Secret Service

– During which $225 million in cryptocurrencies linked to scams known as "Pig Butchering" were seized

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🔍 The Role Played by Coinbase:

1️⃣ Tracking the suspected frozen funds

2️⃣ Identifying the real victims to recover the funds

3️⃣ Technical and analytical support that helped complete the operation successfully

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📈 The Importance of This Step:

– It is one of the largest cryptocurrency seizures related to fraud in the United States

– Reflects the ability of tracking and analysis within the blockchain when cooperation occurs between official entities and platforms

– Enhances Coinbase's position as an active participant in combating digital financial crimes

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❓Do you think that the cooperation of centralized platforms with authorities is the best way to combat crypto crimes? Or does it have negative effects on user privacy?

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