US Secret Service Builds $400M Crypto War Chest From Seized Scams Over 10 Years

The US Secret Service has built one of the largest seized cryptoral chest in the world and confiscated digital assets of nearly $ 400 million.

Much of the cryptvomozer now sits in a single wallets for cold storage, which makes the secret service unlikely heavy weight among the largest cryptossodians in the world, according to and Bloomberg message.

Investigators from the Global Operational Center of the Agency (GIOC) have disintegrated countless fraud, many of which start with simple reports attracting victims of neat crypto investment sites.

Cheaters hang fake gains, disappear with the crypt of victims: Secret Service

Pages often show early gains to make larger bearings, just disappeared without a trace.

“That’s what they do,” said Jamie Lam, an investigative analyst Secret Service, during a recent training in Bermuda.

“They’ll send you a photo of a really good looking guy or girl. But he’s probably an old guy in Russia.”

Lam’s team using tools such as domain records, blockchain analysis, and occasionally capturing the scammer VPN slip, watched illegal means across the border.

These investigations helped the agency get back millions and emphasize how Crypto’s promise of anonymity could also be his Achilles heel for criminals.

In the forefront of the agency’s crypto strategy is Kali Smith, which leads to training the right to enforce law around the world in the zasty of digital criminals.

Her team organized workshops in more than 60 countries focusing on places where weak supervision or lax residence programs attract fraudsters.

“Sometime after just a week’s training, they may be like,” Masters, we didn’t even realize that it was happening here, “Smith said.

One case included a teenager Idaho blackmailed with compromising photographs, while payments were washing through other adolescents forced to act as a cash.

Analysts monitored funds through nearly 6,000 transactions to an account associated with the Nigerian passport. The British police arrested the suspect upon arrival in Guildford, England.

To get the stolen funds of The Secret Service, she worked with companies like Coinbase and Tether, which helped trace and freeze assets.

In one case an agency regenerated $ 225 million in USDT tied up with fraud with romantic.

This week, the secret service and coercive partners entertained more than $ 225 million in a cryptocurrency cryptocurrency from a sophisticated network -based money -based network, making it the largest seizure of cryptocurrencies in the history of the secret service.

https://t.co/jof6nvvwgm pic.twitter.com/gtbcnaqwd1

– US Secret Service (@secretservice) June 20, 2025

Crypto Hacks, Scams costs investors $ 2.2B in H1 2025: Certik

Crypto investors Lost over $ 2.2 billion per hackesFraud and violations in the first half of 2025, controlled mainly by wallets and phishing attacks, according to the latest Certik security report.

The violation of the wallet itself caused a loss of $ 1.7 billion to just $ 34, while phishing fraud was more than $ 410 million at 132 attacks.

Two main incidents, including Hack $ 1.5 billion in February and 225 million dollars on the CETUS protocol Use in May and distort the annual losses up and together represented almost $ 1.78 billion.

Without them, losses are about $ 690 million in accordance with previous years.

Ethereum remained the primary goal and suffered from losses of over $ 1.6 billion at $ 175.

The report also pointed out the growing sophistication of phishing schemes and the ongoing risks of social engineering, urgently on cryptovas to verify links, avoid suspicious sites, and use hardware purses.

Contribution The US Secret Service builds a crypt’s war chest of $ 400 million from seized fraud for 10 years He appeared for the first time Cryptonews.

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