FBI launches separate unit to solve crypto-crimes
National Cryptocurrency Enforcement Team will be headed by Eun Young Choi
By Yashasvini Razdan
Published - Feb 17, 2022, 10:19 PM ET
Last Updated - Feb 14, 2024, 02:14 PM EST
• National Cryptocurrency Enforcement Team will be headed by Eun Young Choi
• The Virtual Asset Exploitation unit will be a part of the NCET
The US Federal Bureau of Investigation (FBI) has launched a separate unit for cryptocurrency-related crimes.
The Department of Justice announced on Thursday that the National Cryptocurrency Enforcement Team (NCET), which was established in October 2021, will evaluate which types of crimes involving cryptocurrency might need more resources to investigate and prosecute these cases.