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CoinDesk Podcast Network

MARKETS DAILY: Featured Story | What’s the Reality of Crypto in Crime?

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 16 May 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Featured Story: An Opinion piece by Coindesk Deputy Managing Editor of Features & Opinion, Daniel Kuhn, titled ‘What’s the Reality of Crypto in Crime?’ On today's show, we discuss how deep the DOJ's criminal investigations against crypto may go with their first appointed NCET director, Eun Young Choi. This episode was edited by Ryan Huntington, and read by Senior Producer Michele Musso. All original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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It's Tuesday, May 16, 2023, and this is Markets Daily from CoinDesk.

1:01.2

I'm Michelle Muso here with a featured story.

1:05.2

An opinion piece by CoinDes deputy managing editor, Daniel Kuhn. And it's titled, What's the Reality of Crypto in Crime?

1:08.4

The DOJ's Un-Yung Chui said the agency is constantly finding

1:12.7

crypto connections in its criminal investigations, but how deep does the problem go? And how much

1:17.6

should we blame the blockchain? And just a reminder, Poindesk is a new source and does not provide

1:22.3

investment advice. The U.S. Department of Justice, DOJ, naming veteran cybersecurity expert Eun Yong Chui, in the winner of

1:36.8

2022 as the first director of the agency's national cryptocurrency enforcement team, NCEET,

1:43.1

may have been the first harbinger of the U.S. government's recent

1:46.0

and decidedly antagonist approach to the industry this year. The NCET enforcement team, which is now

1:51.9

making a beeline for cyber and money laundering crimes in crypto, was tasked with ensuring users

1:57.1

stay safe, as Tway, who previously worked as a federal prosecutor at the Southern District

...

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