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The US Department of Justice has formed a team of investigators to investigate the use of cryptocurrency for criminal purposes.
The group, codenamed NCET, will handle cases committed by virtual currency exchanges, groups and individuals involved in money laundering. This is reported by Reuters with reference to Deputy Attorney General Lisa Monaco.
Members of this team will also investigate services that charge customers for sending cryptocurrency to an address and also hide the source of funds. In addition, they will work to track and recover assets lost through fraud or ransomware ransomware.
“Cryptocurrency exchanges want to be the banks of the future, so we need to make sure that people can trust the systems they use, and we need to be prepared to stop abuse. It's about consumer protection, ”said Monaco
In recent years, there has been an increase in cybercrimes, including ransomware attacks, in which attackers target companies from different industries in order to hold their networks hostage in exchange for payment through cryptocurrency.
The group, codenamed NCET, will handle cases committed by virtual currency exchanges, groups and individuals involved in money laundering. This is reported by Reuters with reference to Deputy Attorney General Lisa Monaco.
Members of this team will also investigate services that charge customers for sending cryptocurrency to an address and also hide the source of funds. In addition, they will work to track and recover assets lost through fraud or ransomware ransomware.
“Cryptocurrency exchanges want to be the banks of the future, so we need to make sure that people can trust the systems they use, and we need to be prepared to stop abuse. It's about consumer protection, ”said Monaco
In recent years, there has been an increase in cybercrimes, including ransomware attacks, in which attackers target companies from different industries in order to hold their networks hostage in exchange for payment through cryptocurrency.
