Crypto News America taps 150+ Prosecutors to Fight Cryptocurrency Crime

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The US Department of Justice has tapped more than 150 federal prosecutors to form a team keenly focused on cracking down on cryptocurrency-related crimes, it announced on Friday.

Dubbed the Digital Asset Coordinators Network, this group will be led by the DoJ's National Cryptocurrency Enforcement Team (NCET). The assembled attorneys will, it's hoped, receive training to understand cryptocurrency technologies, gain technical expertise, and learn how best to investigate and prosecute criminal cases. "Developments in digital assets have created a new landscape for criminals to exploit innovation to further significant criminal and national security threats domestically and abroad," Assistant Attorney General Kenneth Polite Jr said in a statement. "Through the creation of the DAC Network, the Criminal Division and the National Cryptocurrency Enforcement Team will continue to ensure that the Department and its prosecutors are best positioned to combat the ever-evolving criminal uses of digital asset technology."