cryptocurrency

US Department of Justice Creates Network of Crypto Crime Lawyers

US Department of Justice Creates Network of Crypto Crime Lawyers
  • Network of Digital Asset Coordinators is the name chosen for the new group.
  • The first head of the National Digital Currency Enforcement Unit of the Ministry of Justice is Eun Young Choi.

United State Ministry of Justice He put together a team of lawyers to deal with cases involving crypto-related crimes. The Department of Justice (DOJ) has reportedly sent about 150 lawyers from across the country for the case. Network of Digital Asset Coordinators is the name chosen for the new group.

Exposure to cryptocurrency

The purpose of this network is to pair US attorneys’ offices with cryptographic experts to help them address the complex issues that arise in these cases. Technology expertise that can be used to prosecute crypto crimes was the impetus for the network. Right on the heels of the introduction of a regulatory framework for cryptocurrency by BIThe Management is the launch of the network. The first head of the National Digital Currency Enforcement Unit of the Ministry of Justice is Eun Young Choi.

Choi said:

“Digital asset crimes are truly multidisciplinary. They are cross-border investigations that are complex, challenging and require a certain level of proficiency.”

Choi continued by saying that one of the network’s goals is to educate other Justice Department employees about cryptocurrency. Officials from the tax, criminal, civil, national security, and environmental departments are represented in the government.

Choi claims that the new network is more than just a marketing ploy meant to complement existing efforts to combat rising crypto crime. Criminals are increasingly attracted to virtual currencies such as Bitcoin and others. This is why the Department of Justice is putting more resources into this. Moreover, Choi also claims that the agency will have a resource in every office to deal with crypto-related crimes.

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