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Posted: 2025-07-06 06:14:20 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-07-06 06:14:33 UTC
Verified By
Rollup News
The US Secret Service's Global Investigative Operations Center (GIOC) is expanding its efforts to combat crypto fraud, seizing nearly $400 million in digital assets in the last decade. They educate and train international law enforcement to combat digital crimes, focusing on jurisdictions with weak oversight. Crypto-related scams accounted for $9.3 billion in internet crime losses in the US in 2024. The Secret Service collaborates with industry partners like Coinbase and Tether to trace and recover stolen funds, including a $225 million USDT recovery from an investment scam.
GIOC's expansion in combating crypto fraud.
Nearly $400 million seized in digital assets.
Education and training provided to over 60 countries.
Crypto scams accounted for $9.3 billion in losses in 2024.
Collaboration with industry partners for fund recovery.
Tracking and seizing fraudulent crypto assets.
Educating law enforcement in various countries.
Addressing weak oversight in certain jurisdictions.
Recovering stolen funds from sophisticated scams.