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Breaking: U.S. Secret Service To Hold Reddit AMA On Crypto Today

At 11 a.m. Pacific time today, the U.S. Secret Service and the REACT task team will host a Reddit AMA on the subject of cryptocurrency crime.
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Breaking: U.S. Secret Service To Hold Reddit AMA On Crypto Today

Crypto News: According to a post made on the subreddit r/cryptocurrency, the San Francisco Field Office of the United States Secret Service will host a “Ask Me Anything” session on Reddit at 11 a.m. Pacific Time on Tuesday. The primary focus of the question-and-answer session will be on illegal activities associated with cryptocurrencies as well as preventative measures that can be taken to avoid falling prey to illicit scams and money-making schemes.

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US Secret Service To Hold Crypto AMA

Over the years, the United States has earned a notorious reputation for its treatment of the cryptocurrency market. As the US SEC and CFTC both continue their rampant crackdowns on crypto businesses operating in the country, the US Secret Service has taken a newer approach to dealing with it.

Read More: Over 1 Billion Hedera Tokens Set To Unlock On June 1, Major HBAR Price Drop Ahead?

The Reddit post elaborated on the rationale for this decision, explaining that the U.S. Secret Service wants to interact with the cryptocurrency community and respond to any concerns or queries the community may have about digital asset regulation.

While highlighting today’s AMA on the Cryptocurrency Subreddit, the Secret Service was quoted as saying:

You probably know the Secret Service protects the leaders of the United States, but did you know we’re also responsible for safeguarding the nation’s financial infrastructure? In today’s world, that often involves the world of cryptocurrency.

“In the past 12 months, our team has investigated ‘Pig Butchering’ cryptocurrency thefts and we have recovered millions in stolen funds. We want to share resources and tips on how to protect potential victims from cryptocurrency scammers,” the Reddit announcement further noted.

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Crypto’s First Experience With Secret Service

The legitimacy of the Secret Service subreddit account was validated by the community administrator. They assured the community members that they had confirmed it by having a private conversation. Moreover, during the Ask Me Anything session, they urged the 6.4 million community to conduct themselves in a manner that was respectful and courteous.

The account that is being used by the service, known as SF-USSS, has also posted a verification photo that claims to show an agent of the service standing at the San Francisco field office. This seminar is being organized in conjunction with the Regional Enforcement Allied Computer Team, which is responsible for coordinating the operations of state and federal law enforcement agencies in the fight against technological crime.

Also Read: Coinbase Eyes Major Cancellation In Ethereum Staking, Is ETH Price Set To Plunge?

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