US DOJ seeks director for National Cryptocurrency Enforcement Team

The U.S. Department of Justice has launched a search for the director of the National Cryptocurrency Enforcement Team. The vacancy is described on the federal government jobs site.

According to the announcement, the new hire will lead “[The Director] will focus on supporting, investigating and prosecuting cryptocurrency-related crimes, and will lead the Department’s efforts to reduce the use of digital assets as a criminal tool,” the description says.

“[The Director] will focus on supporting, investigating and prosecuting cryptocurrency-related crimes, and will lead the Department’s efforts to reduce the use of digital assets as a criminal tool,” the description says.

The role will involve coordinating with the U.S. Attorney’s Offices, investigators, federal and local law enforcement agencies, as well as FinCEN, the SEC and other stakeholders.

The role will involve coordinating with the U.S. Attorney’s Offices, investigators, federal and local law enforcement agencies, as well as FinCEN, SEC and other stakeholders.

Earlier in October, Deputy Attorney General Lisa Monaco announced the creation of the group, which is intended to bolster the department’s ability to fight financial markets that enable cybercriminals to thrive.

In September, media reported that the administration of President Joe Biden was preparing a set of measures aimed at countering cryptocurrency payments to hackers behind ransomware attacks.

Earlier, U.S. Senator Maggie Hassan, a member of the Senate Committee on Homeland Security and Governmental Affairs, sent a letter to several agencies expressing concern about the use of cryptocurrency as ransom to ransomware programs.

FinCEN reported that 2021 saw a rise in ransomware-activity reports — in the first six months its number reached 635.

Subscribe to ForkLog news on VK!