US Secret Service Recovers Nearly $400M in Crypto from Criminals

Good news on the crime-fighting front! The U.S. Secret Service has reportedly recovered nearly $400 million in digital assets from criminals over the past decade, including a recent $225 million seizure in collaboration with the FBI. Much of these recovered funds are reportedly held in a single cold-storage wallet.

This highlights the agency's growing role in combating crypto-related illicit activities, drawing parallels to its original mandate of fighting counterfeiting. The Secret Service is also actively training local law enforcement in over 60 countries to identify and prevent crypto scams, showing a global effort to make the digital asset space safer.

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