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Deputy Attorney General Lisa Monaco told virtual attendees of the Munich Cyber Security Conference that the FBI is creating a new team to “bring together investigators with expertise in cryptocurrency, blockchain analysis, and virtual asset seizure.” So reports Business Insider.
The Virtual Asset Exploitation Unit represents a concerted effort from the federal government to crack down on illegal cryptocurrency usage. Eun Young Choi, who has a notable track record prosecuting cybercrime in the U.S. attorney’s office in Manhattan, will lead the new team.