The FBI is forming a new team dedicated to cryptocurrency, confirmed the Department of Justice on Thursday. Eun Young Choi, a prosecutor with a background in cybercrimes, will be tapped as the National Cryptocurrency Enforcement Team’s (NCET) first director, the agency said. “The department has been at the forefront of investigating and prosecuting crimes involving digital currencies since their inception,” Choi said in a statement. “The NCET will play a pivotal role in ensuring that as the technology surrounding digital assets grows and evolves, the department in turn accelerates and expands its efforts to combat their illicit abuse by criminals of all kinds,” she added. “I am excited to lead the NCET’s incredible and talented team of attorneys, and to get to work on this important priority for the department.” The creation of the new “virtual asset exploitation” unit comes after the Justice Department’s largest-ever financial seizure earlier in February when …