The President of the United States, Donald Trump, recently ordered the US Attorney General to develop a special Department of Justice task force that will deal with stopping crimes involving cryptocurrencies.
The executive orders mention digital currency as an area to be investigated and eventually prosecuted in some cases. Right now, the plans are to build such force and replace the Financial Fraud Enforcement Task Force that was previously created (in November 2009).
The leader behind this task force will be the Deputy Attorney General – and other members will include:
- the Associate Attorney General;
- assistant attorneys general of the criminal, civil, tax and antitrust divisions;
- the director of the Federal Bureau of Investigation;
- U.S. attorneys assigned by the Attorney General;
- other Justice Department officers or employees designated by the Attorney General.
This force will provide guidance for investigating and prosecuting cases concerning financial markets, consumers, and government fraud. Aside from this, it will also give recommendations to strengthen the cooperation among other government agencies at all levels of the body.
Meanwhile, the US has joined global efforts to establish proper activity regarding transactional financial crimes which include cryptocurrency – joining the Joint Chiefs of Global Tax Enforcement in the United Kingdom, in order to fight against cases like these.
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