Coinbase Plays Key Role in US Secret Service’s $225M Crypto Heist Takedown

Crypto meets cop drama—Coinbase just helped the feds pull off one of the biggest digital asset seizures in history. The exchange’s forensic tools tracked stolen funds through blockchain labyrinths, proving crypto’s transparency can be a double-edged sword for criminals.

Behind the bust: While regulators keep wringing their hands about crypto anonymity, this $225M recovery shows how traceable blockchain transactions become when exchanges and law enforcement team up. The Secret Service’s cyber division leveraged Coinbase’s analytics to follow the money across wallets—no Swiss bank accounts needed.

Finance jab: Who needs old-school money laundering when you can leave an immutable paper trail on a public ledger? Maybe next time, the thieves should try stealing fiat—at least those crimes still have a 90% failure rate.