The United States Department of Justice has formed a network of prosecutors to work on crypto-related crimes. The new team is being dubbed the Digital Asset Coordinators Network. The formation of the network comes hot on the heels of the Biden administration’s announcement of a crypto regulatory framework. The network was inspired by the technical know-how that could be applied to the prosecution of cryptocurrency crimes. Some cryptocurrency networks, according to regulators, lawmakers, and law enforcement authorities, give users anonymity. This enables them to support terrorists, launder criminal money, or engage in public corruption.Read Long Article
