DOJ Announces National Cryptocurrency Enforcement Team

Health IT Security

Jill McKeon

Cryptocurrency has become an asset for bad actors who use the platforms to demand ransom, launder money, and facilitate other illegal activity. As a result, Lisa O. Monaco, the Department of Justice’s (DOJ) deputy attorney general, announced the creation of the National Cryptocurrency Enforcement Team (NCET).

The NCET will utilize resources and expertise from the DOJ Criminal Division’s Money Laundering and Asset Recovery Section (MLARS), Computer Crime and Intellectual Property Section (CCIPS), and other sections of the division, along with US attorneys’ offices across the country.

The team will focus on tracing...

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