🕵️♂️ U.S. Secret Service Quietly Rises as Top Crypto Cop Amid Surging Digital Fraud – Bloomberg
While most associate the U.S. Secret Service with presidential protection, a new Bloomberg report reveals its growing influence as a key crypto crime-fighting force.
🔍 What’s Happening?
As digital fraud, ransomware, and crypto-related scams skyrocket, the Secret Service has significantly ramped up its blockchain surveillance, asset seizures, and investigative capabilities.
📊 Key Stats & Actions:
Over $500M in crypto assets seized since 2020
Dozens of global enforcement operations on cybercrime syndicates
Growing partnerships with exchanges and analytics firms to trace illicit flows
💬 “We follow the money — and the money is on-chain now,” says one agency official.
🔐 Why It Matters:
More institutional trust in crypto enforcement = safer ecosystem
Greater pressure on mixers, anonymizing tools, and DeFi exploiters
Signals that U.S. regulation is moving from talk to real action
💬 Should the Secret Service be leading crypto enforcement?
Or is this the beginning of overreach?
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