DOJ Forms Crypto Crime Units

    Photo: AP [via USA Today]

    The Facts

    • The DOJ has announced a series of measures aimed at strengthening the reach of law enforcement into the cryptocurrency space.

    • Federal prosecutor Eun Young Choi has been named head of the DOJ's National Cryptocurrency Enforcement Team, established by Deputy AG Lisa Monaco late last year.

    The Spin

    Pro-establishment narrative

    By hiring cyber sleuths, the FBI will be able to apply the tried and true law enforcement strategy of following the money even as criminals shift their work to the anonymous and decentralized currencies run on blockchain technology.

    Establishment-critical narrative

    This is another example of overreach by Western governments, as when Canada recently allowed seizure of cryptocurrency from protesting truckers. What counts as crime varies from jurisdiction to jurisdiction, but the DOJ will now attempt to impose its own standards as universal.

    Establishment split



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