Hacker News Reader

Comment by uoaei | Hacker News Reader

Probably the Secret Service. They investigate wire fraud among other things.

I always got the impression that the FBI was more aligned with securities fraud which I think is probably the closest aligned here.

If it's a currency, then the Secret Service should investigate.

If it's a security, then FBI should investigate.

--------

These crypto coins feel more like a security to me, so my bet is FBI.

In either case, fraud is rampant and there needs to be more crackdowns. So I don't care who investigates really. There just need to be more of them.

the point of the ecosystem is blurring lines to the point of exhaustion, exploiting the juxtaposition between the latency of the bureaucracy and its jurisdictional dick-swinging and the relatively near-instant pay out of "legally-gray" fraud.

It's all number of rampant fraud.

Why is the same agency tasked with investigating financial fraud and provide physical security for the president?

Probably because their official stated purpose has been “conducting investigations into currency and financial-payment crime, and protecting U.S. political leaders, their families, and visiting heads of state or government.”[0] Especially since US secret service was originally created with the former purpose, as protection of political leaders was added to their list of responsibilities only later on.

0. https://en.wikipedia.org/wiki/United_States_Secret_Service

Reply on news.ycombinator.com