The United States Department of Justice announced, on October 6, that it had created a new specialized unit known as the National Cryptocurrency Enforcement Team (or NCET). This group is charged with protecting cryptocurrencies.Criminal misuse of digital assetsThe infrastructure and cryptocurrency, and the recovery and trace of ill-gotten currency.

The move continues the U.S. authorities’ push to disrupt the corners of the crypto ecosystem that are thought to facilitate illicit activityRansomware attacks, for example. What does the government’s crypto enforcement ramp-up hold for the larger digital asset space?