SECRET SERVICE SEIZE SHESH!
- rbowe62
- Apr 19, 2022
- 1 min read
You might think the Secret Service is over here just protecting the president, but their job discriptions surprisingly broad, employing them to be surveillance of the blockchain. The US Secret Service just took more than $102 million in digital currencies. This is the 254th case since 2015 that more than 102 million in crypto has been seized! These cases consist of Russian and North Korean crinimals laundering funds and also consists of ransomeware to stock attacks on U.S. companies. If this were not enough, the Romanian National Police was needed in one case to find out how 900 victims were schemed into basically just handing money over through fake ads thinking they were buying luxuy items, which was actually just instantly being converted into digital assets. It is not secret that there is a dark, unethical side that compels investors to the asset. Many believe that their transactions are untraceable and are exempt from the consequences criminals usually face, but they aren't! In ffact, I would say good ol' cash is a lot less tacable than digital assets. Secret Service explains how following a digital currency wallet is basically like an email address which has correlating identifier. They use these "email addresses"/wallet address to trace transactions through the blockchain. You might think, why would thieves hide stolen money in such a volatile asset. This is a good question that lead investigator to look into stablecoins, in which they found theives transfered their stolen assets after making many transfers to try to lose the nark's trail.


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