The Department of Justice (DOJ) has warned that cryptocurrency is becoming increasingly prevalent in criminal activity, from ransomware payments to circumventing sanctions. The DOJ's director of National Cryptocurrency Enforcement Team (NCET), Eun Young Choi, stated that digital assets are touching every aspect of criminal activity being investigated. At a recent conference, representatives from the DOJ, National Police in the UK, and the private sector discussed the challenges posed by cryptocurrency-related crime and the need for a different approach and mindset. The panelists emphasized the importance of public-private cooperation and urged victims to report criminal activity to authorities.
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