It appears the U.S. Secret Service has finally decided to join the 21st century, and by that, I mean they’ve launched a campaign against those dastardly crypto scammers. A new team, specializing in digital financial crimes, has been formed to tackle the nearly $400 million scam epidemic. One can only assume they’ve been taking notes from the great detective, Sherlock Holmes.
Bloomberg, that esteemed publication, reports that the Global Investigative Operations Center (GIOC) is using the most thrilling tools: software, subpoenas, and spreadsheets! Oh, the humanity! I do hope those scammers are shaking in their boots. The GIOC has already seized a small fortune in digital assets over the last decade, a whopping $400 million. One wonders what they’ll do with all that cryptocurrency, perhaps throw a party? 🎉
At the helm of this operation is the intrepid lawyer, Kali Smith, who’s leading workshops around the world to train law enforcers and prosecutors in the ancient art of uncovering digital crimes. One assumes it’s a bit like a game of “follow the money,” but with more spreadsheets. The agency is providing this training for free, because who doesn’t love a good game of “catch the scammer”? 🎊
Smith, the cryptocurrency whisperer, has noted that these scammers have a few misconceptions about cryptocurrencies. “They think they can use Bitcoin and be safe. But that isn’t the case.” Ah, the naivety of these scammers is almost… palpable. 😏
The Secret Service has also partnered with Coinbase and other industry insiders, like the stablecoin issuer Tether. Because who doesn’t love a good game of “tag, you’re it”? 🎉 Together, they’re working to bring these scammers to justice, one wallet freeze at a time.
And why, you ask, is this necessary? Well, it appears that crypto-related scams have become the majority of internet crime losses in the US. A staggering $9.3 billion was reported last year, which is more than half of the total $16.6 billion. One can only assume that’s a lot of pig butchering operations. 🐖
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2025-07-07 20:02