What Is the National Cryptocurrency Enforcement Team?

National Cryptocurrency Enforcement Team (NCET)

The National Cryptocurrency Enforcement Team (NCET) is part of the DOJ’s Criminal Division. It is to identify, investigate, support, and pursue cases involving the criminal use of digital assets, with a particular focus on virtual currency exchanges, mixing and tumbling services, infrastructure providers, and other entities that are enabling the misuse of cryptocurrency and related technologies to commit or facilitate criminal activity.

NCET works with companies to (i) ensure robust compliance programs tailored to cryptocurrency issues are in place and (ii) leverage information from these companies to investigate illicit activity. NCET also coordinates with domestic and international law enforcement on training, investigating, and prosecuting illicit activity.