Tuesday, May 24, 2022

FBI planning to form a ‘digital currency unit’ to track down users…

Source: Devdiscourse

The U.S. Justice Department has tapped a seasoned computer crimes prosecutor to lead its new national cryptocurrency enforcement team and announced on Thursday that the FBI is launching a unit for blockchain analysis and virtual asset seizure.

The creation of the “virtual asset exploitation” unit at the FBI comes on the heels of the Justice Department’s largest-ever financial seizure.

Earlier this month, it charged a married New York couple with allegedly laundering bitcoins now valued at over $4.5 billion that were stolen in the 2016 hack of the digital currency exchange Bitfinex. Keep reading »