FBI Forms New Bitcoin Unit As DOJ Taps New Crypto Head Today

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The U.S. Department of Justice (DOJ) appointed a seasoned computer crimes prosecutor as the first director of its National Cryptocurrency Enforcement Team (NCET) and announced that the FBI is launching a new unit dedicated to providing analysis and training in cryptocurrency matters across the bureau.

Deputy Attorney General Lisa Monaco said in a virtual address to the Munich Cyber Security Conference Thursday that the FBI’s Virtual Asset Exploitation Unit will bring together investigators with expertise in blockchain analysis and virtual asset seizure, reported Business Insider.

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