<ul data-eligibleForWebStory="true"><li>Law enforcement and cryptocurrency firms collaborated in a $225 million crypto sting, involving the largest crypto seizure attributed to the U.S. Secret Service.</li><li>Coinbase joined the Secret Service in tracking suspect transfers, identifying illicit wallets, and linking on-chain flows to victim accounts.</li><li>Tether froze and burned $225 million in USDT linked to theft, minting an equal amount of fresh USDT under Secret Service control to disrupt illicit activities.</li><li>This operation marks a record crypto seizure by the Secret Service following a rise in pig-butchering scams globally, emphasizing the importance of blockchain analysis in tackling crypto crimes.</li></ul>

Coinbase And Secret Service Team Up In $225 Million Crypto Sting

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