US DOJ To Revamps Crypto Enforcement Team, What Does This Mean For Binance?
Note that this move comes after the exchange laid off over 1000 in response to an ongoing Justice Department investigation that will probably result in a consent decree or settlement. advertisement The New Crypto Enforcement Team The National Cryptocurrency Enforcement Team, or NCET, would be a permanent fixture of a branch inside the department’s criminal division that handles a variety of computer-related investigations, according to a speech given by top Justice Department official Nicole Argentieri on Thursday. After Eun Young Choi , the team’s current director, leaves, Claudia Quiroz will take over as acting director, according to Argentieri. According to a department official, Choi will be moving on to a new post inside the Justice Department. In 2021, the Justice Department established NCET. Since then, a slump in the sector and the demise of the cryptocurrency exchange FTX have increased the team’s output and profile. Sam Bankm...