Reposted by @j1mky.bsky.social
This is your regular reminder (apropos of nothing in particular) that ransomware, an actual national security threat, only exists in its current threat because we fail to fully regulate off-ramps for crypto into fiat.
www.reuters.com/world/us/us-...
reuters.com
US Justice Dept disbands cryptocurrency enforcement unit
The U.S. Justice Department is disbanding its National Cryptocurrency Enforcement Team and ordering prosecutors to focus instead on criminal investigations involving cartels and terrorist groups that use digital currency to finance illicit business, according to a memo seen by Reuters.
