- The Justice Department is revamping its National Cryptocurrency Enforcement Team (NCET) to investigate cryptocurrency-related crimes.
- The move will more than double the number of prosecutors available to work on the team’s growing caseload.
- Claudia Quiroz will serve as acting director of NCET following the departure of its current director, Eun Young Choi.
- The Justice Department set up NCET in 2021 to address concerns about the use of cryptocurrency for illicit activities.
- The revamp will put the prosecutors working on cryptocurrency-related cases on equal footing with those working on computer and intellectual property-related cases.
Justice Department Revamps Crypto Enforcement Team
The US Justice Department is revamping its National Cryptocurrency Enforcement Team to address the growing caseload of cryptocurrency-related crimes and put prosecutors on equal footing with other computer-related cases.