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DOJ Is Amping Up Its Crypto Scrutiny, Naming Head of New Enforcement Team

  • Monaco says the crypto ecosystem must be trusted, policed
  • Choi says she’ll head ‘one-stop shop’ of department’s experts
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The Justice Department named a veteran cybersecurity prosecutor to lead a new team dedicated to investigating and prosecuting illicit cryptocurrency schemes carried out by cyber criminals and nation states including North Korea and Iran.

Eun Young Choi will be the first director of the National Cryptocurrency Enforcement Team, which will serve as the focal point for efforts to identify and dismantle the misuse of cryptocurrencies and other digital assets, Deputy Attorney General Lisa Monaco announced Thursday.