Secret Service Stashes $400M in Crypto—Building One of the World’s Biggest Cold Wallets!
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Turns out the US Secret Service isn’t just about protecting presidents—they’ve been quietly scooping up nearly $400 million in stolen crypto over the past decade! According to Bloomberg, their stash ranks as one of the largest crypto cold wallets on the planet.How’d they pull this off? With some serious blockchain detective work. Using open-source tools, careful tracking, and a ton of patience, agents tracked down scammers who trick victims into fake crypto schemes—where people see fake profits before the site disappears with their cash.
Jamie Lam, a Secret Service analyst, spilled the tea at a law enforcement event, calling out the typical scam move: "They’ll send you a pic of some attractive ‘investor’—but it’s probably an old dude in Russia."
Moral of the story? The blockchain never forgets, and neither do the Secret Service.
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