"US Creates National Cryptocurrency Enforcement Team"

The United States Department of Justice (DOJ) has formed a new task force to oversee complex investigations and prosecutions of criminal misuses of crypto-currency.  The creation of a National Cryptocurrency Enforcement Team (NCET) was announced yesterday by Deputy Attorney General Lisa Monaco.  She stated that the DOJ was "poised to root out abuse on these platforms and ensure user confidence in these systems." The DOJ's Office of Public Affairs said that the team's focus would be on criminal acts committed by virtual currency exchanges, money laundering infrastructure actors, and mixing and tumbling services.  NCET will also assist in tracing, and recovering assets lost to fraud and extortion, including crypto-currency payments to ransomware gangs.  NCET will also train and advise federal prosecutors and law enforcement agencies in developing investigative and prosecutorial strategies and provide guidance on matters including search and seizure warrants, restraining orders, criminal and civil forfeiture allegations, and indictment.

Infosecurity reports: "US Creates National Cryptocurrency Enforcement Team"