Secret Service Intensifies Global Crypto Fraud Fight, Recovers $400 Million
The U.S. Secret Service has significantly intensified its global efforts to combat cryptocurrency-related financial crimes. This escalation in enforcement reflects the evolving landscape of digital fraud and the increasing sophistication of scammers. The Secret Service’s Global Investigative Operations Center (GIOC) is at the forefront of this initiative, collaborating with law enforcement agencies in over 60 countries to provide training on tracking and halting digital fraud.
The scams often begin with deceptively simple messages and friendly interactions, luring victims to fake crypto investment websites that mimic legitimate platforms with professional designs and customer support. Victims, enticed by initial small profits, often…
