The U.S. Secret Service's Global Investigative Operations Center has aided in recovering almost $400 million in digital assets, including a significant sum from a single cold wallet.
The agency has been involved in a decade-long effort to combat financial crimes and has expanded its mission beyond counterfeiting to focus on high-tech financial crime fighting.
The Secret Service not only conducts seizures but also provides global training on crypto crimes to law enforcement in over 60 countries, highlighting the widespread nature of cryptocurrency scams.
Major crypto companies like Coinbase and Tether have collaborated with the Secret Service to track illicit funds and enhance digital asset seizure efforts, indicating an evolving partnership between the public and private sectors in global financial security.