While mixers and other automated tools cause challenges for the DOJ, they are not slowing investigators down, Choi added, responding to a question by moderator and conference organizer Chris Brummer.
The DOJ’s strategy around crypto in particular is focused on how tools might make facilitating crimes easier.
“We’re really looking at the multiplier effect, so mixers, tumblers and money laundering are important because they have a multiplier effect, they facilitate all sorts of criminal activities, different sorts,” she said. “By making sure that we are addressing … that activity, [we will] hopefully lessen the impact of crypto [crimes].”
Another part of the DOJ’s strategy involves its new Digital Asset Coordinator Network, which the entity announced in a recent report published as part of the White House’s executive order on crypto.
“That’s important for us just because there’s so much work to be done. We need to make sure we have available resourcing and subject matter experts on the ground and in the field in order to help their respective offices,” she said. “The team is very focused on just building [expertise].”
‘Enforcement 40’ for 2020
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