US rep. Josh Gottheimer proposes $3M boost to Treasury’s crypto crime-fighting unit

07/26 00:16

U.S. Congressman Josh Gottheimer (D-N.J.) has proposed an amendment to the federal budget bill that would give the Treasury Department an additional $3 million to fight crypto-related crime in fiscal 2023. Gottheimer has proposed that the Treasury’s Office of Terrorism and Financial Intellience – the unit tasked with overseeing crypto crime and ransomware attacks – could use the money to buy better blockchain analysis tools, provide officers with better training and add investigative support to the unit.

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