US Secret Service Trains 60 Nations to Combat Crypto Scams
The US Secret Service has recently embarked on a substantial endeavor to tackle the escalating issue of cryptocurrency scams by providing training to over 60 nations on the use of blockchain tools. This initiative is designed to empower law enforcement agencies around the world with the skills necessary to trace and investigate crypto-related fraud, which has become increasingly common in the digital era. The training emphasizes the use of blockchain technology to monitor the movement of funds, detect suspicious activities, and ultimately apprehend those responsible.
The timing of this initiative is crucial, as the complexity and scale of crypto scams continue to grow. According to the FBI, US citizens lost $9.3 billion to such scams…
