Cryptocurrencies
Crypto Crime Is a Focus of Trump's New Task Force on Consumer Fraud
- Justice Department-led group will target digital currencies
- Fraud against elderly and veterans will also be priorities
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In forming a new task force to protect consumers from fraud, the Trump administration made clear that one of the greatest threats to the public is just emerging: red-hot markets for crypto coins.
The inclusion of virtual tokens -- along with traditional crimes like money laundering and investment schemes targeting the elderly -- as a focus of a panel announced Wednesday is the latest sign of Washington’s concern over digital currencies.