The U.S. Justice Department is forming a crypto enforcement team to “root out abuse” such as money laundering.

“We want to strengthen our capacity to dismantle the financial ecosystem that enables these criminal actors to flourish and — quite frankly — to profit from what they’re doing,” said Monaco. “We’re going to do that by drawing on our cyber experts and cyber prosecutors and money laundering experts.”

Check It Out: U.S. Justice Department Forms Crypto Enforcement Team

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