FinCEN’s New Adviser Aims To Crack Down On Crypto Crime

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Law360 (July 29, 2021, 8:23 PM EDT) — Michele Korver’s profession has led her into the deepest elements of the prison underworld, looking criminals who use digital currencies to finance their misdeeds.

Michele Korver

However as debate rages over the regulation of digital property, there is no exhausting emotions relating to crypto from Korver, who grew to become the Monetary Crimes Enforcement Community’s first-ever chief digital foreign money adviser earlier this month.

“To me, it is simply one other technique of cost or worth switch that is developed over time, similar to any monetary expertise,” stated Korver, a longtime authorities legal professional and adviser targeted on digital property. “It is one thing that exists within the monetary ecosystem that we…

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