U.S. Secret Service Seizes $400 Million in Cryptocurrency Over the Past Decade

2025/07/07 10:40 (Updated 2025/07/08 06:01)
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Written by A.Yamada
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U.S. Secret Service Seizes $400 Million in Cryptocurrency Over the Past Decade

Seizure of Cryptocurrencies from Criminals

The U.S. Secret Service's International Global Operations Center (IGOC) has recovered approximately $400 million (about 58 billion yen) worth of cryptocurrencies from criminals over the past decade, Bloomberg reported on the 6th, citing sources. Most of the cryptocurrencies held by the IGOC are stored in a single cold wallet, making it one of the world's largest asset-holding cold wallets. Experts at the IGOC have been using open-source tools, blockchain analysis, and other methods to track funds related to criminal activities. A cold wallet refers to a storage method for cryptocurrencies that...

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Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.