USSS Seized Over $102 Million in Crypto Since 2015: Assistant Director David Smith
To track illicit currency transactions and crackdown on them, US Secret Service agents and analysts monitor the flow of bitcoin and other digital assets on different blockchain networks, he informed.
“One of the things about cryptocurrency is it moves money at a faster pace than the traditional format… What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities. What we want to do is to track that as quickly as we can, aggressively as we can, in a linear fashion.”
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