Former DOJ crypto advisor joins FinCEN in newly created crypto position

Financial Crimes Enforcement Network (FinCEN) has created an advisory position for digital currency policy. The agency has appointed Michele Korver as chief digital currency advisor to the director of FinCEN.

Michele Korver has served as a crypto advisor to a number of government arms, serving as digital currency counsel for the United States Department of Justice’s Criminal Division, an advisor to the U.S. Department of the Treasury’s Financial Stability Oversight Council and part of the U.S. delegation to the Financial Action Task Force (FATF).

She also developed policy related to crypto forfeiture procedures in legal proceedings and coordinated money laundering investigations, playing a key role in the first nationwide operation targeting a darknet cryptocurrency ring and bringing the first crypto money laundering case in the Central District of California.

She will work across internal and external partners toward strategic and innovative solutions to prevent and mitigate illicit financial practices and exploitation related to digital currency.

▶️ HEADLINES