Carlton Fields
DOJ National Cryptocurrency Enforcement Team Overview
Pages
4
Time to read
5 mins
Publication
Language
English
Summary
On October 6, 2021, the DOJ announced the formation of the National Cryptocurrency Enforcement Team (NCET) to enhance investigations into cryptocurrency-related crimes, particularly ransomware. The NCET aims to assist in tracing and recovering assets lost to fraud and extortion, encouraging victims to report cyberattacks promptly. This initiative highlights the increasing focus on cryptocurrency in criminal activities and the DOJ's commitment to tackling ransomware threats effectively.
