The agency tracked illicit transactions on blockchain networks and cracked down on fraud and money laundering cases.
USSS Seized Over $102 Million in Crypto Since 2015: Assistant Director David Smith
To track illicit currency transactions and crackdown on them, US Secret Service agents and analysts monitor the flow of bitcoin and other digital assets on different blockchain networks, he informed.
“One of the things about cryptocurrency is it moves money at a faster pace than the traditional format… What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities. What we want to do is to track that as quickly as we can, aggressively as we can, in a linear fashion.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Secret Service has recovered over $100M in crypto since 2015: ReportThe Secret Service has seized millions in cryptocurrency from criminals since 2015, reports say.
Weiterlesen »
Crypto Biz: The Web3 arms race is upon us, April 14–20, 2022Nobody can define Web3, but it might be even harder to spot the potential business opportunities it brings. Fortunately, our latest Crypto Biz is here to shine some light.
Weiterlesen »
US crypto miner Compass selling $30 million of equipment in Russia to avoid sanctions: reportThe US Treasury's Office of Foreign Assets Control added cryptocurrency miner BitRiver and 10 subsidiaries to its Specially Designated Nationals list on Wednesday.
Weiterlesen »
Utah DWR to auction antlers and furs from poached wildlifeThe antlers from dozens of illegally killed game animals — including a mule deer known as “The Rabbi” — will be auctioned Monday by Utah wildlife officials to raise money for conservation and awareness of poaching.
Weiterlesen »
Andreessen Horowitz Launches A16z Crypto Research Lab – Bitcoin NewsA16z, an organization with heavy investments in crypto startups, announced the launch of the a16z crypto research lab, an initiative for the company to tackle the challenges of the Web3 sector.
Weiterlesen »
The new HM Treasury regulations: The good, the bad and the uglyThe UK is seemingly changing its stance on crypto after HM Treasury announced its intentions to turn the region into a hub for digital currencies. What happens now?
Weiterlesen »