US Justice Department overhauls crypto crime investigative team

July 21, 2023 - The U.S. Justice Department is overhauling its investigative crypto crime unit, doubling the number of prosecutors handling the team's growing caseload, according to the Wall Street Journal. This news follows a May report that the DOJ's has promised a crackdown on illicit activity on crypto trading platforms that lack sufficient risk management safeguards to thwart anti-money laundering or know-your-customer protections.