Cryptocurrency News
Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015
2022.04.20 08:17
Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015
A top official from the U.S. Secret Service (USSS) says the agency can track the flow of Bitcoin and other cryptocurrencies in a similar manner to email addresses, and it has seized more than $102 million in crypto across 254 cases since 2015.
USSS assistant director of investigations David Smith told CNBC that the transparent and immutable aspect of blockchain ledgers means investigators can trace transactions easier than fiat in some cases.
