DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto – Regulation Bitcoin News

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DOJ Launches Network of Over 150 Federal Prosecutors to Combat Criminal Uses of Crypto – Regulation Bitcoin News
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The DOJ has established the Digital Asset Coordinator Network, led by its National Cryptocurrency Enforcement Team, to further combat criminal uses of crypto. cryptocurrency bitcoin

The U.S. Department of Justice has established the nationwide Digital Asset Coordinator Network of over 150 federal prosecutors. The authority explained that the new network will further its “efforts to combat the growing threat posed by the illicit use of digital assets to the American public.”The U.S. Department of Justice announced Friday that its Criminal Division has established the nationwide Digital Asset Coordinator Network.

Led by the department’s National Cryptocurrency Enforcement Team , the DAC Network comprises over 150 designated federal prosecutors from U.S. attorneys’ offices and across the department’s litigating components. Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division said digital asset developments “have created a new landscape for criminals to exploit innovation to further significant criminal and national security threats domestically and abroad.” He described:

Members of the DAC Network will learn about “the application of existing authorities and laws to digital assets and best practices for investigating digital assets-related crimes.” They include drafting search and seizure warrants, restraining orders, criminal and civil forfeiture actions, indictments, and other pleadings, the DOJ detailed, adding:

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