DOJ looks to increase crypto investigations with move to merge teams

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The Justice Department is upping its efforts to go after cryptocurrency-related crimes by merging two teams.

The DOJ is merging its National Cryptocurrency Enforcement Team into the Computer Crime and Intellectual Property Section, an official said on Thursday.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.The U.S. Department of Justice plans to expand efforts to go after cryptocurrency-related crimes by bringing a dedicated crypto team into one focused on computer crime.

Starting this week, the DOJ is merging the National Cryptocurrency Enforcement Team into the Computer Crime and Intellectual Property Section, Nicole Argentieri, the department’s principal deputy assistant attorney general, said on Thursday in“It’s now time to bring NCET to the next level,” Argentieri said. “NCET has been an enormously successful startup. Merging it into CCIPS will give it the resources and runway to accomplish even more.

The merger will double the number of criminal division attorneys that will be available to work on crypto matters, Argentieri said. “It’s become obvious to everyone in the cybercrime field that cryptocurrency work and cyber prosecutions are intertwined, and will become even more so in the future,”

 

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Justice Department Revamps Crypto Enforcement TeamThe Justice Department is revamping a team it launched nearly two years ago to investigate cryptocurrency-related crimes, saying the move will more than double the number of prosecutors available to work on the team’s growing caseload
Source: WSJ - 🏆 98. / 63 Read more »