45th president of the United States, Donald J. Trump signed an executive order which will help establish a task force on market integrity and consumer fraud. With this order Trump declared that, among others, crimes committed with cryptocurrency will become a part of the special consumer protection entity that will operate within the US Department of Justice (DOJ). The entity bears the name of “Task Force on Market Integrity and Consumer Fraud” and will look to handle enforcement of the law which regulates procurement and grant fraud, securities and commodities fraud, digital currency fraud, money laundering, health care fraud, tax fraud and other financial crimes.
“This task force will bring together U.S. attorney’s offices and other compartment components with essential help from our enforcement agency partners, to fight fraud that affects American citizens. We will pursue our mission with determination, fairness, and the coordinated resources of all of our federal law enforcement agencies. We expect to focus on cases involving fraud against the government, the financial markets, and consumers; procurement and grant fraud; securities and commodities fraud; digital currency fraud; money laundering; health care fraud; tax fraud; and other financial crimes,“ said Rosenstein during a public announcement conference held at the DOJ headquarters in Washington on July 11th.