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FBI to reform virtual currency practices following DoJ recommendations

Published 12/19/2020, 10:23 AM
Updated 12/19/2020, 12:00 PM
FBI to reform virtual currency practices following DoJ recommendations

A recently released U.S. Department of Justice audit of the Federal Bureau of Investigation’s (FBI) practices in regards to darknet criminal investigations concluded that the law enforcement agency is in disarray — and an overarching "cryptocurrency support strategy" might be among the solutions.

According to an unclassified version of the audit released on Thursday, the FBI’s current darknet investigation efforts are — perhaps ironically — hampered by a “decentralized” set of practices, policies, and training programs, as well as compartmentalized intelligence leading to “redundant” efforts.

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