The US Department of Justice issues a second report vowing toward legal reform for prosecuting crypto-related crimes.
The United States Department of Justice published its latest report in response to President Joe Biden’s March executive order on the development of digital assets on Sept. 16. At the same time, itthe formation of a new Digital Asset Coordinator Network “in furtherance of the department’s efforts to combat the growing threat posed by the illicit use of digital assets to the American public.”
The report, titled “The Role of Law Enforcement in Detecting, Investigating, and Prosecuting Criminal Activity Related to Digital Assets,”digital asset criminal exploitation, with particular attention to nonfungible tokens and decentralized finance and goes on to examine the efforts of various federal departments and agencies to counter crime involving digital assets. It recommends a variety of measures to enhance law enforcement efforts.