We all know the U.S. Secret Service for its devotion to protecting our nation’s leaders. It has now become the leading global power in the fight against cryptocurrency crime. Their work has led to the seizure of over $400 million in crypto assets. This sends a particularly strong message to...
The Secret Service’s recent claim that it has seized almost $400 million in crypto over the last ten years is making waves. It's a big number, no doubt. Before we start celebrating, let’s take a moment to fully understand what this entails. Is this a win for law and order...
In fact, the U.S. Secret Service recently announced that they’d seized almost $400 million in crypto over the past 10 years. That's a staggering number. It’s easy to read this as just another headline about the Wild West of crypto getting tamed at last. For Southeast Asia, this ought to...
Nearly doubling its resources, the U.S. Secret Service is intensifying the battle against a surge in cryptocurrency-related financial crimes. This past decade alone, they’ve confiscated some $400 million in illegal cash. This joint initiative represents a direct challenge to the rise of digital financial crimes. Crypto-related scams have become the...
The U.S. Secret Service is increasing its international operations to combat the surge in cryptocurrency scams. These crimes are becoming a greater danger to Americans and our entire financial system. Spearheading this foray is Kali Smith, who leads the Secret Service’s cryptocurrency strategy. Her team’s mission was to train foreign...
Now the U.S. Secret Service is getting involved, training law enforcement around the world to combat cryptocurrency scams. That's commendable. We need more international collaboration. Free workshops alone aren't going to cut it in Southeast Asia. We need a whole lot more.Tech Savvy, Scam Vulnerable RegionSoutheast Asia is a paradox....
That huge $400 million cryptocurrency seizure by the Secret Service? It's not just a headline. It’s a piercing klaxon warning of a serious hole in the DeFi dream. We at least hear that DeFi is this grand untouchable, decentralized fortress. This operation brings home the fact that reality, as always,...
As cryptocurrency has grown, so has financial crime in the digital era. In turn, global law enforcement agencies are developing and fortifying their innovative approaches to mitigate these increasing threats. The U.S. Secret Service has become an unlikely, but primary, force in the anti-crypto scam mission. They don’t wait around,...
The Secret Service is increasing its global crypto enforcement efforts. That vision is being advanced by passionate teams like the GIOC and individuals like Kali Smith. No one wants to see billions go up in smoke via complicated fraud schemes — particularly when they do so at the expense of...
In 2024, Americans lost a staggering $9.3 billion to crypto scams. Not surprisingly, older adults were responsible for $2.8 billion of those losses. Crypto fraud has officially overtaken romance scams as the number one source of monetary loss in U.S. internet crime. In response, the U.S. Secret Service has intensified...
The United States Senate recently convened a hearing on the growing universe of cryptocurrency. In doing so, they highlighted the desperate need for regulation in this emerging frontier. Here are some of the most important highlights that emerged through the conversations. They each noted the challenges, opportunities, and possible future...
The market of cryptocurrency day trading is a whirlwind, chaotic and always on the move. Quick reflexes, and even quicker algorithms. Thanks to new, advanced AI tools such as ChatGPT and Grok, traders are experiencing the most powerful insight and automation they’ve ever seen. Kwame Nkosi, a blockchain commentator, balances...
Let’s face it, the crypto community can’t resist an exciting hype train. Right now, the AI-powered trading locomotive is barreling down the tracks, with Grok and ChatGPT as its star conductors. Well before you decide to mortgage your home and give Uber all your assets, let’s slow down a moment...
You know, sometimes I feel like I'm watching a rerun of an old movie, only this time, it's playing out in the halls of Congress. The Senate Banking Committee’s recent hearing on the need for comprehensive crypto regulation. It was a bit like a Broadway show. Rather than earnestly seeking...
The recent Senate Banking Committee hearing on regulating the crypto space? If I’m being truthful, it was more like seeing a train wreck go down in slow motion. While senators debated the nuances of defining a digital asset – is it a security, a commodity, or something else entirely? –...
Forget about Wall Street, the exciting disruptor in crypto day trading is cooking up in the crowded streets of Southeast Asia. I'm not talking about hedge fund managers with Bloomberg terminals; I'm talking about the everyday person – the small business owner in Jakarta, the student in Kuala Lumpur, the...
The Senate Banking Committee met recently to discuss the rapidly growing, but highly confusing, world of crypto regulation. This upcoming meeting could not be more important at this moment in history. American consumers are losing billions to crypto scams as well, and the U.S. is lagging other countries in establishing...
You think you know stablecoins. Tether, USDC – the usual suspects. Big market caps, widespread adoption. Comforting, right? Wrong. As all eyes are on these titans, a more quiet revolution is in the making. Looking forward to seeing you there! This lack of attention is robbing you of big future...