Fun

News Feed - 2023-07-21 06:07:49

David Attlee14 hours agoUS Justice Department to double its crypto team, target ransomware crimesThe National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section.1632 Total views15 Total sharesListen to article 0:00NewsJoin us on social networksThe United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its number of acting prosecutors and get a new leader.


On July 20, the DoJ published the remarks made by Principal Deputy Assistant Attorney General Nicole Argentieri at the Center for Strategic and International Studies. In her speech, Argentieri announced the merger of two DoJ teams: the Computer Crime and Intellectual Property Section (CCIPS) and the National Cryptocurrency Enforcement Team (NCET).


After joining the CCIPS, NCET will continue its activities in investigating and prosecuting criminal offenses involving the abuse of cryptocurrency. Calling the NCET “an enormously successful startup,” Argentieri emphasized that the merger with a larger structure would provide it with new additional resources.


The number of criminal division attorneys available to work on criminal cryptocurrency matters will “more than double,” as any CCIPS attorney could potentially be assigned to work an NCET case. The NCET will also gather access to computer crime and intellectual property work.


Related:US Justice Department charges 2 men in Mt. Gox hack


The agency will also get a new acting director. Argentieri thanked the inaugural Director of NCET, Eun Young Choi, for her work and named Claudia Quiroz as the new head of the team. Quiroz, a former assistant attorney from the U.S. Attorney’s Office for the Northern District of California, has been a deputy director of NCET since its inception.


An immediate task for the new “super-charged” unit will be to combat ransomware crimes. The NCET will focus on tracking criminals through their crypto payments, freezing or seizing them “before they go to Russia and other ransomware hotspots.”


The NCET was launched in 2021 as a part of the DoJ’s Cryptocurrency Enforcement Framework. In May 2023, ex-Director Choi stated that the department focused on thefts and hacks involving decentralized finance and “particularly chain bridges.”


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine:US enforcement agencies are turning up the heat on crypto-related crime# Crimes# Department of Justice# RegulationAdd reactionAdd reactionRelated NewsWhat are fan tokens, and how do they work?The European Commission’s Web4 strategy might be a flopUS law protects institutions and exposes retail investors — Rep. TorresCFTC case against Digitex futures exchange and CEO results in $16M court orderThodex CEO sentenced to Turkish prison for failure to submit tax documentsNo impact from Ripple ruling? SEC chair cites risks from crypto in budget request

News Feed

Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving
Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving Bitcoin miners have received their third break this year as the network&#x
Ana Paula Pereira2 hours agoVyper vulnerability exposes DeFi ecosystem to stress testsA number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrap
Bitcoin, Ethereum Technical Analysis: BTC Back Above $30,000 as Week Long Consolidation Continues
Bitcoin, Ethereum Technical Analysis: BTC Back Above $30,000 as Week Long Consolidation Continues This week’s whirlwind price swings in crypto markets continued on Friday, w
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future
HSBC"s CEO Explains Why Crypto Is Not in the Banking Giant"s Future Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more n
Alice Ivey10 hours ago5 Python libraries to interpret machine learning modelsPython libraries that can interpret and explain machine learning models provide valuable insights into their predictions and ensure transparenc
XRP Price Must Close Above This Level For Bullish Breakout, Analyst Warns
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Rakesh Upadhyay5 hours agoBitcoin’s dull price action ignites buying interest in LINK, FIL, SNX and THETALINK, FIL, SNX and THETA are starting to look bullish right as Bitcoin prepares for a volatile price move.2149 To
A Model for the Next Generation DEX, TitanSwap Will Be a Dex With Better User Experience
A Model for the Next Generation DEX, TitanSwap Will Be a Dex With Better User ExperienceTitanSwap is using the renBTC protocol to implement cross-chain operations. Compared with the
Binance dominates among Chinese crypto users, X provides guidance
Derek Andersen5 hours agoBinance dominates among Chinese crypto users, X provides guidanceA survey of more than 2,000 Chinese speakers shows clear favorites and frequent appeals for supernatural assistance.1759 Total vie
If Dogecoin Breaks Above Key Resistance ‘We Could See A 25% Rally’ – Top Analyst
Este artículo también está disponible en español. Dogecoin (DOGE) has been trading below a key resistance level at $0.143 since October 19, and anticipation is building a
Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible?
Este artículo también está disponible en español. According to a TradingView crypto analyst named ‘TradingShot,’ the Bitcoin price has formed a Double Bottompattern a
Ethereum Price Confirms Breakout From Ascending Triangle, Target Set At $7,800
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu