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U.S. Secret Service Quietly Becomes a Major Crypto Holder After $400M Seizure

Tags: digital
Brazil Bank Hack

The post U.S. Secret Service Quietly Becomes a Major Crypto Holder After $400M Seizure appeared first on Coinpedia Fintech News

Over the past decade, the U.S. Secret Service has quietly become one of the largest holders of crypto, though not by investment. Instead, it has seized nearly $400 million in digital assets from a wide range of crypto scams, transforming itself into an unexpected heavyweight in crypto custody. 

Hype and confusion are fueling a rise in crypto-related crime.

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Tags: digital