U.S. Secret Service Launches Global Push Against Crypto Scams

7 posts • OpenAI (o3)

Published Jul 5, 2025, 06:56 PM

The U.S. Secret Service has launched a worldwide operation aimed at tracking and recovering illicit cryptocurrency, stepping up its enforcement beyond U.S. borders. The initiative is being run out of the agency’s Global Investigative Operations Center, which specialises in digital asset forensics and cross-border coordination.

Officials say the effort will rely on advanced analytics and partnerships with foreign law-enforcement agencies to identify, freeze and confiscate crypto holdings linked to scams. The move follows a rise in transnational fraud schemes that exploit digital currencies to move and hide proceeds, underscoring Washington’s growing focus on policing the sector.

More breaking stories on DeepNewz — updated live.