Secret Service in US Expands a Global Push Against Crypto Scams

Secret Service in US expands a global push against crypto scams

The scam began with a message, then a friendly exchange. A stranger directed the victim to a cryptocurrency investment site that appeared professional — slick design, charts, even customer support. The first deposit showed a modest profit. So did the next. Encouraged, the victim sent more, even borrowing money to keep up. Then, without warning, the platform stopped responding. The account balance disappeared. “That’s how they do it,” Jamie Lam, …

U.S. Secret Service team has recovered nearly $400 million in crypto from criminals: Bloomberg

Much of the $400 million in recovered funds sit on a single cold-storage wallet, according to the Bloomberg report.

US Secret Service Seizes $400 Million in Crypto Assets to Combat Scams

US Secret Service Seizes $400 Million in Crypto Assets to Combat Scams