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The US DoJ Established a Unit of Prosecutors to Limit Crypto C | Crypto World Analysis

The US DoJ Established a Unit of Prosecutors to Limit Crypto Crime

The
DOJ doubled down on its efforts to crack down on criminals that employ digital assets by forming “National Cryptocurrency Enforcement Team.”. Earlier this year, the DOJ established another division, called “National Cryptocurrency Enforcement Team” and appointed cybersecurity prosecutor – Eun Young Choi – as its head.

In a recent interview for The Wall Street Journal, the DOJ revealed its determination to limit the usage of cryptocurrencies in crimes such as money laundering and terrorism financing. As such, it formed a unit of federal prosecutors named “The Digital Asset Coordinators Network.” The specialists are expected to employ their expertise to identify and prevent such illicit activities. Apart from hunting down crypto scammers and bringing them to justice, the newly-introduced division will educate other government officials.

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