DOJ states it has jurisdiction over foreign crypto companies that touch US servers

Publicado en by Cointele | Publicado en

The US government says they have broad extraterritorial jurisdiction over crypto-related businesses.

The Cryptocurrency Enforcement Framework issued by the U.S. Department of Justice stipulates a number of cases where it will exert its authority over foreign actors: "Where virtual asset transactions touch financial, data storage, or other computer systems within the United States", if they use cryptocurrency to import illegal products into the U.S. and if they "Provide illicit services to defraud or steal from U.S. residents".

"Finally, it bears emphasizing that if conduct involving virtual currency were to violate the U.S. statutes regarding material support of terrorism, the U.S. government could appropriately assert jurisdiction over such offenses anywhere in the world, consistent with due process, under the principle of protective jurisdiction."

The report alsocites Zcash, Monero and DASH usage as "Indicative of possible criminal behavior".

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