DOJ Issues Report Pursuant to Biden’s Executive Order on Digital Asset Law Enforcement

On September 16, 2022, The U.S. Department of Justice (“DOJ”) publicly released a 66-page Report (“Report”) detailing the role of law enforcement in detecting, investigating, and prosecuting criminal activity related to digital assets pursuant to Section 5(b)(iii) of President Biden’s Executive Order on digital asset growth. The Report is a collaborative effort between the DOJ, Department of Treasury and the Department of Homeland Security in an effort to disrupt digital asset-related criminal activity. The DOJ also established a Digital Asset Coordinator (“DAC”) Network to further combat the growing threat of illicit use of digital assets. According to the Press Release,…...