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Coinbase Aids Secret Service in $225M Crypto Scam Seizure - Crypto Head

Published 10 hours ago1 minute read

— Coinbase Support (@CoinbaseSupport) June 24, 2025

supported the 2024 investigation by , identifying scam victims, and with law enforcement.

Between February 26 and 29, in fraudulent activity, revealing that had unknowingly lost .

The also traced parts of the seized assets to allegedly tied to scam operations in Southeast Asia.

participated by containing USDT, later and to a .

highlighted that the process was , showing how blockchain transparency can aid law enforcement.

The operation involved cooperation among multiple crypto platforms and showcased effective industry-government collaboration.

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