BeInCrypto –
The Department of Justice will soon have two new tools on its belt to combat cybercrime. A cryptocurrency enforcement team will go after cybercrime while a separate department will go after those who fail to report such crimes.
On Oct 6, Deputy Attorney General Lisa Monaco announced that a National Cryptocurrency Enforcement Team had been created during the Aspen Cyber Summit. The team will primarily focus on criminals who target cryptocurrency marketplaces and utilize digital currency to commit crimes such as money laundering and drug sales.
The team is one of two initiatives targeting digital assets that the Justice Department announced with the second requiring contractors to report cyber breaches immediately.
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