US Secret Service Accumulates $400 Million in Cryptocurrency from Anti-Scam Operations
July 10th, 2025 1:05 PM
By: Newsworthy Staff
The US Secret Service has seized nearly $400 million in digital assets over the past decade, highlighting the growing challenge of cryptocurrency-related cybercrimes.
The US Secret Service has amassed close to $400 million in seized digital assets over the last ten years, establishing one of the largest cryptocurrency cold wallets through its operations against crypto scams. This significant accumulation underscores the escalating issue of cybercrime within the cryptocurrency sector, prompting companies like HIVE Blockchain Technologies Ltd. to express concerns and adapt to the changing landscape. The Secret Service's efforts reflect the increasing need for robust measures to combat fraud and theft in the digital currency space, as the value and prevalence of cryptocurrencies continue to rise.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
