US creates national cryptocurrency control team

US creates national cryptocurrency control team

Earlier this month, he charged a New York couple with allegedly laundering bitcoins that were stolen in the 2016 hack against digital currency exchange Bitfinex and are now valued at more than $4.5 billion.

Local regulators, under the direction of President Joe Biden, have stepped up their scrutiny of the cryptocurrency sector in the wake of a series of high-profile cyberattacks last year against America’s largest oil pipeline network and largest supplier. of beef in the world.

Groups using hijacking software, or “ransomware,” often demand your payments in Bitcoin.

In a speech at the Cybersecurity Conference in Munich, Germany, Deputy Attorney General Lisa Monaco announced that Eun Young Choi, a prosecutor who led the case against a Russian hacker who helped steal information about more than 80 million JPMorgan customers & Chase Co, will lead the department’s cryptocurrency team.

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