The U.S. Secret Service is cracking down on illicit digital currency transactions, seizing more than $102 million in cryptocurrency from criminals in connection with fraud-related investigations.
David Smith, assistant director of investigations, said agents and analysts actively track the flow of Bitcoin and other cryptocurrencies on the blockchain, similar to an old-fashioned surveillance. Best known for protecting presidents, the Secret Service also conducts financial and cybercrime investigations.
Source: Secret Service seizes more than $102 million in crypto assets
