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Cryptocurrency 'Not Inherently Criminal': U.S. Secret Service

The U.S. Secret Service has launched an educational platform to 'provide public awareness information on digital asset security.'

Crypto is just a tool

This is not the first time that the U.S. Secret Service has weighed in on the use of cryptocurrency for illicit ends.

In July 2020, when the agency created its Cyber Fraud Task Force, U.S. Secret Service cyber policy advisor Jonah Force Hill opinedthat the growing trend of cybercrimes “is not a specific cryptocurrency issue.”

"How the crime was committed, via crypto or not, or what form of money was stolen, is often irrelevant to the prosecution and therefore not quantified for statistical purposes," Hill said at the time.

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