DOJ Names Choi as First Crypto Enforcement Director
Eun Young Choi will be DOJ’s first National Cryptocurrency Enforcement Team director, the department announced Thursday. Choi has been a DOJ prosecutor for about 10 years and recently was senior counsel to the deputy attorney general. Assistant Attorney General Kenneth…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
Polite cited the “rapid innovation of digital assets and distributed ledger technologies” and its connection to cyberattacks, narcotics trafficking and money laundering. Deputy Attorney General Lisa Monaco on Thursday called on crypto companies to “root out abuses. To those who do not, we will hold you accountable where we can.” The FBI’s new unit will combine crypto experts, blockchain analysis and virtual asset seizure, she said.