The DOJ’s ‘Crypto Enforcement Framework’ Argues Against Privacy Tools and for...
The Justice Department's new crypto enforcement framework lays out its case for prosecuting alleged crimes around the world while taking aim at privacy-enhancing tools.
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The U.S. Department of Justice's enforcement framework may pose a serious threat to the digital privacy rights of crypto users.
The DoJ’s guidance around cryptocurrency enforcement, that cites "crime" and "criminals" 168 times, has been poorly received. The new cryptocurrency enforcement guidelines by the Department of Justice (DoJ) have received a negative response from segments of the crypto community. Published earlier today by the attorney general for the U.S. William Barr, the DOJ report aims to address the “uniquely dangerous threats to public safety” cryptocurrency poses. Citing the words “crime” or “criminal” 168 times in the 83-page document, many in the community have interpreted the DoJ’s position as a....
Law enforcement agencies do not see eye-to-eye with consumer privacy. The FBI now wants to ensure American can no longer sue them for violating the Privacy Act. That proposal was put on the table by the Federal Bureau of Investigation on May 31, 2016. The law enforcement agency wants to exempt its entire database from citizens having the right to sue the....
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place. On Oct. 6, the United States Department of Justice, or DOJ, announced the creation of a specialized unit, the National Cryptocurrency Enforcement Team, or NCET, tasked with prosecuting criminal misuses of digital assets and crypto infrastructure, as well as tracing and recovering the ill-gotten cryptocurrency.The move continues the U.S. authorities’ push to disrupt the corners of the crypto ecosystem that are thought to facilitate illicit activity, such as ransomware attacks. What....
Changing an intelligence agency's perspective on crypto crime is the next step toward a successful crypto investigation. While the value of cryptocurrencies has varied wildly in the last year, this has not diminished crypto’s attractiveness to criminals. Many of them are moving their illegal activities underground and outside the view of law enforcement. Because of the public nature of most blockchains, however, this rapid movement shouldn’t be a major concern to law enforcement agencies. With the right tools and training, following the proceeds of crypto-enabled crime is actually not as....