Coinbase Aids US Authorities in Seizing $225M in ‘Stolen’ Crypto: Reports

Cryptocurrency exchange Coinbase has exposed it played a pivotal function in helping United States federal representatives in seizing $225 million in apparently stolen crypto assets, marking one of the largest operations of its kind to date. The post Coinbase Aids US authorities in Seizing $225M in ‘Stolen’ Crypto: Reports appeared first on NameCoinNews.

Cryptocurrency exchange Coinbase has actually revealed it played a critical role in assisting United States federal agents in taking $225 million in apparently stolen crypto assets, marking one of the biggest operations of its kind to date. Coinbase: Helped US authorities in Seizing $225M Stolen Crypto The seizure stems from a case that involves a complex online fraud and human trafficking plan that dates back to 2023. Coinbase, which is known to be one of the leading crypto exchanges in the US, said its compliance and security teams worked carefully with federal agents to track prohibited funds on the blockchain.

Cryptocurrency exchange Coinbase has actually exposed it played a pivotal function in assisting US federal agents in taking $225 million in apparently stolen crypto assets, marking one of the largest operations of its kind to date. Coinbase: Helped United States authorities in Seizing $225M Stolen Crypto The seizure stems from a case that includes a complex online scams and human trafficking scheme that dates back to 2023. Coinbase, which is known to be one of the leading crypto exchanges in the US, said its compliance and security groups worked carefully with federal representatives to track illegal funds on the blockchain.