The US Secret Service has launched a cryptocurrency awareness hub, an online educational platform that will help the agency in its efforts to combat the illicit use of virtual assets.
The agency in an announcement earlier last week said, the new initiative will “provide public awareness information on digital asset security,” and it intends to “continue to expand its capabilities, collaboration, and effectiveness related to all financial crimes investigations.”
Adding to this the agency said, “investments and transactions using cryptocurrencies and digital assets are not inherently criminal.” It also noted the “new opportunities for those seeking to commit fraud or otherwise conceal further illegal activities.”
The U.S. Secret Service stated the popularity of cryptocurrencies as payment for increases they need to be at the forefront in educating the public and combating financial fraud.
Jeremy Sheridan, U.S. Secret Service Office of Investigations assistant director said, “Our obligation to enforce crimes against the nation’s financial systems includes both informing the public on how digital assets work and partnering with them to identify, arrest, and prosecute those engaging in crimes involving digital assets.”
In a tweet, the agency said, “Our goal is to protect the nation’s financial infrastructure and maintain a safe environment for the American people to conduct financial transactions. Our mission is to investigate complex cyber-enabled financial crimes. https://nuvi.me/dxjw3r”