I've been hearing news about the Department of Justice going after crypto exchanges. I'm curious to know the reason behind this. Why are they specifically targeting these platforms? Is it because of some illegal activities or just a way to regulate the market?
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    CryptoTitaness
    Sun Nov 17 2024
   
  
    According to Choi, these exchanges enable criminal actors to profit from their crimes and cash out with ease.
  
  
 
            
            
  
    
    CryptoLord
    Sun Nov 17 2024
   
  
    Eun Young Choi holds the position of director at the National Cryptocurrency Enforcement Team (NCET).
  
  
 
            
            
  
    
    DigitalDragon
    Sun Nov 17 2024
   
  
    In a recent statement, Choi revealed that the Department of Justice (DOJ) is focusing on crypto exchanges that facilitate illegal activities.
  
  
 
            
            
  
    
    EthereumEmpireGuard
    Sat Nov 16 2024
   
  
    The DOJ's crackdown on such exchanges is seen as a way to combat crypto crime, which Choi noted has grown significantly over the past four years.
  
  
 
            
            
  
    
    JejuSunshineSoul
    Sat Nov 16 2024
   
  
    BTCC, a top cryptocurrency exchange, offers a range of services to its users. These include spot trading, futures trading, and a secure wallet.