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First National Cryptocurrency Enforcement Team Director Named

U.S. Department of Justice names first director of National Cryptocurrency Enforcement Team. FBI forms Virtual Asset Exploitation Unit to fight against digital money laundering related to cybercrime. Eun Young Choi, formerly lead prosecutor on notable cases, will join the newly assembled division of law enforcement at its director. The NCET will assist with investigating crypto-related crimes, including tracing and recovering digital assets linking to fraud and extortion from ransomware threat actors. President Joe Biden next week is expected to announce an executive order connected to cryptocurrency.”]

Source: https://www.cuinfosecurity.com/first-national-cryptocurrency-enforcement-team-director-named-a-18546

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