The crypto landscape is about to shift dramatically. The Financial Times (FT) reports that Eun Young Choi, the director of the U.S. Department of Justice’s (DOJ) national cryptocurrency enforcement team, promises intensified scrutiny over illicit activities on digital platforms. According to the FT, the DOJ plans to focus on crypto exchanges and entities that obscure transaction trails. Choi suggests the Department is keen on addressing companies that either perpetrate crimes themselves or facilitate them, such as by enabling money laundering. In the Financial Times interview, Choi emphasized the potential ripple effect of this approach. “By focusing on those types of
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Author: NixCoin