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US Secret Service Recovers $400 Million Worth of Digital Assets in Past Decade

Summary: According to reports, the US Secret Service's Global Investigative Operations Center (GIOC) seized $225 million worth of cryptocurrency last month following a large-scale investigation involving the FBI and US Attorney's Office. Over the past decade, the GIOC team has recovered $400 million worth of digital assets from criminals. The majority of the recovered funds (totaling ...

According to reports, the US Secret Service's Global Investigative Operations Center (GIOC) seized $225 million worth of cryptocurrency last month following a large-scale investigation involving the FBI and US Attorney's Office. Over the past decade, the GIOC team has recovered $400 million worth of digital assets from criminals. The majority of the recovered funds (totaling around $400 million) were 'stored in a cold wallet'. In addition to seizing these cryptocurrencies, the GIOC also conducted a week-long free training program in over 60 countries/regions, educating local law enforcement officials on how to identify and prevent cryptocurrency-based scams and crimes.

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