Crypto is not criminal: US Secret Service launches 'crypto awareness hub'
The educational website shares the Secret Service intends to combat the “illicit use of digital assets” and provide “public awareness information.” The tide is turning on the way in which law enforcers discuss cryptocurrencies and treat crypto users. The United States Secret Service has launched a cryptocurrency awareness hub featuring a cheesy public service announcement video. The educational tool seeks to combat the “illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.”Watch the video here: "Secret....
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The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.” Secret Service’s Crypto Awareness Hub The....
More of the Silk Road scandal has been revealed following the release of a criminal complaint on Monday in federal court. The complaint filed on March 25, 2015 charges two former US federal agents who investigated Silk Road with stealing bitcoin, extorting money from the defendant, and a string of other criminal charges. Former Secret Service agent Shaun Bridges of Baltimore, Maryland, and former D.E.A. agent Carl Force of Laurel, Maryland have been charged with wire fraud and money laundering. Agent Force was also charged with theft of government property and conflict of interest.
In a crackdown against illicit transactions of digital assets linked to cybercrimes, the U.S. Secret Service has seized more than $102 million worth of digital assets, reported CNBC. Per the stats provided by the security agency, the seized crypto wealth is recovered from 254 cases targeted since 2015. Related Reading | Crypto May Be Used […]
The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities,” said the assistant director of the Secret Service’s Office of Investigations. “What we want to do is to track that as quickly as we can, aggressively as we can, in a linear fashion.”
US Secret Service Seizes Cryptocurrency Worth $102 Million
A senior executive with the U.S. Secret Service, David M. Smith, talked about....
The U.S. Secret Service says the immutable and transparent aspect of the blockchain ledger allows the agency to track transactions made by criminals easier than cash in some cases. A top official from the U.S. Secret Service (USSS) says the agency can track the flow of Bitcoin and other cryptocurrencies in a similar manner to email addresses, and it has seized more than $102 million in crypto across 254 cases since 2015.USSS assistant director of investigations David Smith told CNBC that the transparent and immutable aspect of blockchain ledgers means investigators can trace transactions....