US FinCEN Recognizes Secret Service for $22 Million Crypto Seizure

On May 19, the Financial Crimes Enforcement Network (FinCEN) recognized several federal agencies in the United States for their collaborative investigation that resulted in the seizure of $22 million worth of cryptocurrency from darknet operators.

This annual award highlights the efforts of law enforcement agencies utilizing Bank Secrecy Act reporting to effectively pursue and prosecute criminal cases. The investigation involved key agencies, including Immigration and Customs Enforcement-Homeland Security Investigations, the United States Postal Inspection Service, and the United States Secret Service.