DOJ Restructures National Cryptocurrency Enforcement Team

The U.S. Department of Justice’s Chief Deputy Assistant Attorney General Nicole M. Argentieri delivered a speech at the Center for Strategic and International Studies, saying that starting this week, the National Cryptocurrency Enforcement Team (NCET) will be merged into the Computer Crime and Intellectual Property Section (CCIPS). The merger will more than double the number of criminal department lawyers who can handle cryptocurrency criminal cases and give cryptocurrency work within the criminal department equal status to computer crime and intellectual property work. At the same time, NCET will enhance the ability of the entire department to trace cryptocurrencies, prosecute cases involving the criminal use of cryptocurrencies, and seize legally confiscated cryptocurrencies in order to return these funds to victims. In addition, NCET's first director, Eun Young Choi, left, and Claudia Quiroz will serve as NCET's acting director.