Crypto exchange security failures are a growing concern for residents of St. Louis, Missouri, and investors across the United States. In one of the largest crypto seizures in law enforcement history, the U.S. Secret Service seized over $225 million in USDT tied to pig butchering scams, with Coinbase assisting in the investigation by identifying more than 130 affected customers who collectively lost at least $2.3 million. Nationally, the FBI reported that Americans lost $9.3 billion to cryptocurrency-related fraud in 2024 alone. The North American Securities Administrators Association identified pig butchering as the top threat to investors in 2025, highlighting how weak platform safeguards can contribute to…








