The US Department of Justice has formed the National Cryptocurrency Enforcement Team. The group will be looking for platforms through which criminals can launder money in cryptocurrencies.
reported Deputy Attorney General Lisa Monaco speaking at the Aspen Institute Cyber Summit. She said the task force will play an important role in enforcing enforcement measures against individuals using cryptocurrencies for money laundering and other crimes.
Monaco noted the agency’s success in investigating the mixing service Helix, but said the US government should not stop there.
The deputy attorney general said that through the creation of a task force, the US Treasury will be able to destroy the financial ecosystem that allows criminals to profit and thrive. This can be done by bringing together cybersecurity experts, cybercrime prosecutors and anti-money laundering experts.
“Cryptocurrency exchangers intend to become the banks of the future. We are ready to eradicate any abuse and violation of laws using cryptocurrencies. Therefore, we must make sure that the platforms working with crypto assets are secure so that people can use them without fear, ”said Monaco.
Previously, Lisa Monaco was actively involved in tracking and recovering bitcoins received by the DarkSide hacker group from the American Colonial Pipeline fuel system.