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A look at the US Secret Service's GIOC, which sources say helped seize ~$400M in digital assets over the past decade through crypto scam investigations globally (Myles Miller/Bloomberg)

43d ago
Technology
Techmeme
Tech workspace
The US Secret Service's Global Investigative Operations Center (GIOC) has reportedly seized approximately $400 million in digital assets over the past decade, according to Bloomberg. These seizures stem from global investigations into cryptocurrency scams. The GIOC's strategy often involves tracing illicit funds through cryptocurrency investment sites, which are frequently initiated by seemingly innocuous online interactions. The agency's success highlights the growing importance of digital asset tracing and enforcement in combating financial crime in the cryptocurrency space. The GIOC's work demonstrates the Secret Service's expanding role beyond traditional counterfeiting and protection duties.
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