Biden administration starts campaign for “Prosecise Crypto Criminals”

The Biden-Harris administration has announced an “anti-corruption strategy”. In that strategy, the government’s newly formed task force – the National Cryptocurrency Enforcement Team (NCET) – will “conduct complex investigations and prosecutions of criminals who abuse cryptocurrency”.

money

US President Joe Biden

US cryptocurrency enforcement strategy to fight corruption

The White House announced on Monday:

“At the direction of the President, the Biden-Harris administration will launch the first US anti-corruption strategy.”

The 38-page report outlines the US government’s global anti-corruption strategy. One of the key strategies is “Stepping Up Enforcement Efforts” which includes a section on “Cryptocurrency and Corruption”. The report says:

“The DOJ will use the newly formed NCET task force to specifically focus on the complex investigations and prosecutions of crypto criminals.”

Cryptocurrency is at the heart of US President Joe Biden's new national  security policy - CoinCu News

In addition, the plan specifically focuses on “crimes committed by cryptocurrency exchanges, mixed services and money laundering infrastructure actors”.

The Department of Justice (DOJ) launched NCET in October. U.S. Assistant Attorney General Lisa Monaco said at the time:

“The team will also help track and restore assets lost to fraud and extortion, including cryptocurrency payments to ransomware groups.”

Turkey wages war on cryptocurrency - CoinCu News

In June, the Biden administration unveiled its strategy to combat ransomware, which includes “expanding cryptanalysis to find and track criminal transactions”.

In November, Monaco and officials from the Department of National Security and the Criminal Division met with British Home Secretary Priti Patel. They “united to focus on combating illegal use cases of cryptocurrencies and ransomware and to continue the dialogue on emerging threats to national security”.

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Biden administration starts campaign for “Prosecise Crypto Criminals”

The Biden-Harris administration has announced an “anti-corruption strategy”. In that strategy, the government’s newly formed task force – the National Cryptocurrency Enforcement Team (NCET) – will “conduct complex investigations and prosecutions of criminals who abuse cryptocurrency”.

money

US President Joe Biden

US cryptocurrency enforcement strategy to fight corruption

The White House announced on Monday:

“At the direction of the President, the Biden-Harris administration will launch the first US anti-corruption strategy.”

The 38-page report outlines the US government’s global anti-corruption strategy. One of the key strategies is “Stepping Up Enforcement Efforts” which includes a section on “Cryptocurrency and Corruption”. The report says:

“The DOJ will use the newly formed NCET task force to specifically focus on the complex investigations and prosecutions of crypto criminals.”

Cryptocurrency is at the heart of US President Joe Biden's new national  security policy - CoinCu News

In addition, the plan specifically focuses on “crimes committed by cryptocurrency exchanges, mixed services and money laundering infrastructure actors”.

The Department of Justice (DOJ) launched NCET in October. U.S. Assistant Attorney General Lisa Monaco said at the time:

“The team will also help track and restore assets lost to fraud and extortion, including cryptocurrency payments to ransomware groups.”

Turkey wages war on cryptocurrency - CoinCu News

In June, the Biden administration unveiled its strategy to combat ransomware, which includes “expanding cryptanalysis to find and track criminal transactions”.

In November, Monaco and officials from the Department of National Security and the Criminal Division met with British Home Secretary Priti Patel. They “united to focus on combating illegal use cases of cryptocurrencies and ransomware and to continue the dialogue on emerging threats to national security”.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

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