FBI to form digital currency unit, Justice Dept taps new crypto czar


FILE PHOTO The Department of Justice DOJ logo is pictured on a wall after a news conference to discuss alleged fraud by Russian Diplomats in New York December 5 2013.     REUTERSCarlo AllegriFile Photo

FILE PHOTO: The Department of Justice (DOJ) logo is pictured on a wall after a news conference to discuss alleged fraud by Russian Diplomats in New York December 5, 2013. REUTERS/Carlo Allegri/File Photo

WASHINGTON (Reuters) -The U.S. Justice Department has tapped a seasoned computer crimes prosecutor to lead its new national cryptocurrency enforcement team and announced on Thursday that the FBI is launching a unit for blockchain analysis and virtual asset seizure.

The creation of the FBI's "virtual asset exploitation" unit comes after the Justice Department's largest-ever financial seizure earlier this month. It charged a married New York couple with allegedly laundering bitcoins now valued at over $4.5 billion that were stolen in the 2016 hack of the digital currency exchange Bitfinex.

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