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Justice Department Announces Major International Crypto Enforcement Action

The department held a press conference at noon Eastern time on Wednesday.

The U.S. Justice Department announced a major international cryptocurrency enforcement action at noon ET on Wednesday.

The press conference was led by Deputy Attorney General Lisa Monaco, and other speakers included Assistant Attorney General Kenneth Polite Jr. of the Justice Department's criminal division, U.S. Attorney Breon Peace of the Eastern District of New York, the FBI's associate deputy director, Brian Turner, and Treasury Department Deputy Secretary Wally Adeyemo.

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UPDATE (Jan. 18, 15:16 UTC): Added details on speakers.

Nelson Wang

Nelson edits features and opinion stories and was previously CoinDesk’s U.S. News Editor for the East Coast. He has also been an editor at Unchained and DL News, and prior to working at CoinDesk, he was the technology stocks editor and consumer stocks editor at TheStreet. He has also held editing positions at Yahoo.com and Condé Nast Portfolio’s website, and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC, ETH and SOL above CoinDesk’s disclosure threshold of $1,000.

Nelson Wang