The DOJ's NCET (National Cryptocurrency Enforcement) division is a new team formed early '22, with Eun Young Choi serving as the inaugural Director. Her responsibilities are quite clear and casts a very wide net on authority and cooperation amongst international enforcement… twitter.com/i/web/status/1…
Something tells me the NCET team is spearheading the reopening of the bank fraud investigation on #Tether for suspicion of leveraging the US banking system to launder money (hint hint $SBNY).
Crypto enforcement at the DOJ works very closely with the SEC and CFTC. I’m sure the NCET has taken quite the interest in the #Binance CFTC complaint
I can think of a few influential crypto figures and entities involved w/ these shenanigans twitter.com/i/web/status/1…
NCET’s stated mission: “tackle complex investigations and prosecutions of criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling services, and money laundering infrastructure actors.”
Priorities are clear
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