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top-crypto-news United States

FBI creates new unit specifically dedicated to tackling cryptocurrency-related crime

February 17, 2022
Reading Time: 3 mins read
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esposas preso carcel Bitcoin unsplash

The new address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. created by the FBI will be known as the Virtual Assets Exploitation Unit, which will perform various tasks to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. the agency in investigations of crimes involving the use of digital currencies.

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***

La U.S. Federal Bureau of Investigation U, better known by its acronym in English as the FBI, announced the creation of a new unit specifically dedicated to tackling cryptocurrency-related crime.

New unit of the FBI to combat cryptocurrency crime

This was revealed by the FBI in a statement published on the website of the Department of Justice (DoJ), where the announcement was made in the context of the election of a new chairman for the National Cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. Enforcement Team (NCET) which is attached to the aforementioned entity. The organization will be headed by Eun Young Choi, who previously served as chief counsel to the Deputy Attorney General.

The new address created by the FBI will be known as the Virtual Assets Exploitation Unit and according to the press release it is about “a specialized team of experts in the field of cryptocurrencies, who will be dedicated to providing support, analysis and training for the entire FBI, having as their job also to innovate the agency’s digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. tools to stay ahead of future threats.”

Working hand in hand with NCET

Regarding NCET, the body was set up in October last year and since then has been working with a number of organisations, including the FBI and agencies such as the Drug Enforcement Administration (DEA), the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), and the U.S. Drug Enforcement Administration (DEA). and others.

At the time of announcing the creation of NCET, Assistant Attorney General Lisa Monaco commented:

“We have already made great strides in the fight against the misuse of cryptocurrency platforms and we have proven it: we will not hesitate to go after those platforms that help criminals legitimize or hide their criminal proceeds. It’s a pretty aggressive landscape full of threats.

As for the DoJ, the agency recently scored a major victory after tracking down a pair trade between one cryptocurrency and another, for example, the trading pair BTC/ETH. of criminals linked to the hacking hacking is the process of using a computer to manipulate another computer or computer system in an unauthorized fashion. of Bitfinex in 2016, which supported the alleged money laundering of crypto capital capital is most commonly defined as the large sum of money you would use to invest. stolen from the exchange. It is estimated that those involved attempted to legitimize around USD $3.6 billion.

  • Palantir code the action of coding is to write programming statements for a program. bug allowed FBI to access data of indicted developer Virgil Griffith
  • US: FBI recovered part of the ransom payment of USD $4.4 million in Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. in Colonial pipeline hacking
  • All we know – and the open questions – about the case of the couple arrested for laundering Bitcoin from Bitfinex

Source: Decrypt , DoJ

Version by Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

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