US Secret Service seizes cryptocurrencies worth over $102 million, busting down criminal networks

• Head of Secret Service’s investigations office says cracking a crypto case is often like ‘house of mirrors’

• Investigators found criminals convert stolen cryptocurrencies into stablecoins

The US Secret Service is cracking down on illegal digital currency transactions and has seized over $102 million in cryptocurrency from criminals in connection with fraud-related investigations.

Best known for protecting US presidents, the Secret Service also conducts financial and cybercrime investigations.