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ARTICLE · 29 OCTOBER 2020

DOJ Issues "First-of-its Kind" Enforcement Framework To Address Criminal Threats Associated With Cryptocurrency

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On October 8, 2020, the Cyber-Digital Task Force of the Department of Justice released a report titled "Cryptocurrency: An Enforcement Framework" (Framework) ...

United StatesTechnology

On October 8, 2020, the Cyber-Digital Task Force of the Department of Justice released a report titled "Cryptocurrency: An Enforcement Framework" (Framework) that addresses cryptocurrency-related crime and enforcement initiatives by DOJ and its federal partners. The Framework is the second report published by the Cyber-Digital Task Force, which was established by Attorney General Sessions in February 2018 to analyze the "many ways that the Department is combatting the global cyber threat, and . . . identify how federal law enforcement can more effectively accomplish its mission in this vital and evolving area."

Attorney General Barr described the new report as a "cohesive, first-of-its kind framework for those seeking to understand federal enforcement priorities in this growing space." Among its findings, the Framework states that cryptocurrency, despite its relative infancy, "already plays a role in many of the most significant criminal and national security threats

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