Cryptocurrency Q&A Why did the DOJ create a crypto security unit?

Why did the DOJ create a crypto security unit?

Sun Jan 12 2025 | 6 answers 1198
The DOJ created a crypto security unit to address the growing concerns and challenges posed by cryptocurrencies in terms of security, regulation, and criminal activities related to them. Why did the DOJ create a crypto security unit?

6 answers

Tue Jan 14 2025
This move is a proactive step towards ensuring the security of its platform and users.

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Tue Jan 14 2025
The company plans to develop its own cryptographic tools to mitigate potential cyber threats in the future.

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Mon Jan 13 2025
Among these services are spot trading, futures trading, and a secure wallet for storing digital assets.

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Mon Jan 13 2025
The decision to create this unit was influenced by a recent incident where the DOJ charged a New York couple with laundering Bitcoin.

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Mon Jan 13 2025
The Bitcoin in question was linked to a hack that occurred in 2016 at the popular digital currency exchange Bitfinex.

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