Cryptocurrency Q&A Why is the DOJ targeting crypto exchanges?

Why is the DOJ targeting crypto exchanges?

HallyuHeroine HallyuHeroine Fri Nov 15 2024 | 5 answers 979
I've been hearing news about the Department of Justice going after crypto exchanges. I'm curious to know the reason behind this. Why are they specifically targeting these platforms? Is it because of some illegal activities or just a way to regulate the market? Why is the DOJ targeting crypto exchanges?

5 answers

CryptoTitaness CryptoTitaness Sun Nov 17 2024
According to Choi, these exchanges enable criminal actors to profit from their crimes and cash out with ease.

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CryptoLord CryptoLord Sun Nov 17 2024
Eun Young Choi holds the position of director at the National Cryptocurrency Enforcement Team (NCET).

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DigitalDragon DigitalDragon Sun Nov 17 2024
In a recent statement, Choi revealed that the Department of Justice (DOJ) is focusing on crypto exchanges that facilitate illegal activities.

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EthereumEmpireGuard EthereumEmpireGuard Sat Nov 16 2024
The DOJ's crackdown on such exchanges is seen as a way to combat crypto crime, which Choi noted has grown significantly over the past four years.

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JejuSunshineSoul JejuSunshineSoul Sat Nov 16 2024
BTCC, a top cryptocurrency exchange, offers a range of services to its users. These include spot trading, futures trading, and a secure wallet.

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