US Justice Department to double its crypto team, target ransomware crimes

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Calling the NCET “an enormously successful startup”, Argentieri emphasizes that the merger with a larger structure would provide it with new additional resources.

The United States Department of Justice has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its number of acting prosecutors and get a new leader.the remarks made by Principal Deputy Assistant Attorney General Nicole Argentieri at the Center for Strategic and International Studies.

After joining the CCIPS, NCET will continue its activities in investigating and prosecuting criminal offenses involving the abuse of cryptocurrency. Calling the NCET “an enormously successful startup,” Argentieri emphasized that the merger with a larger structure would provide it with new additional resources.

The number of criminal division attorneys available to work on criminal cryptocurrency matters will “more than double,” as any CCIPS attorney could potentially be assigned to work an NCET case. The NCET will also gather access to computer crime and intellectual property work.The agency will also get a new acting director. Argentieri thanked the inaugural Director of NCET, Eun Young Choi, for her work and named Claudia Quiroz as the new head of the team.

An immediate task for the new “super-charged” unit will be to combat ransomware crimes. The NCET will focus on tracking criminals through their crypto payments, freezing or seizing them “before they go to Russia and other ransomware hotspots.”

 

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The United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its number of acting prosecutors and get a new leader.

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