FBI Forms New Team for Crypto Crimes

The FBI is preparing to form a new team to investigate crimes related to cryptoassets.
 FBI Forms New Team for Crypto Crimes
READING NOW FBI Forms New Team for Crypto Crimes

FBI is preparing to form a new team to investigate crimes related to crypto assets.

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Deputy Attorney General Lisa Monaco, the National Cryptocurrency Enforcement Team (NCET) will assess which types of crypto-related crimes require more resources to investigate and prosecute cases.

According to the press release, prosecutor Eun Young Choi will lead the team.

Announcing the new unit in a keynote speech at the Munich Cybersecurity Conference, Monaco stated that the team will conduct its own blockchain analysis and seize assets involved in crime.

“I think we are sending a message that cryptocurrencies should not be seen as a safe haven”

Monaco stressed that ransomware attacks will also be a major focus

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