The United States Department of Justice (DOJ) is turning its attention towards rogue cryptocurrency trading platforms and investment scams, according to a top official. American citizens reportedly lost $2.5 billion to crypto scams in 2022, as per an FBI report. The National Cryptocurrency Enforcement Team (NCET) directed by Eun Young Choi, will target entities that help criminals process their illicit money or turn a blind eye to such activities. Choi has also identified significant focus towards Defi and bridge chain protocols as state-sponsored North Korean bad actors are the “key actors in this space” and responsible for stealing between $630 million to $1 billion in 2022. Reports suggest North Korea leads the world in crypto crime. Choi’s focus includes hackers and exploiters of Defi and bridge chain protocols. This direction marks a departure from the area of focus mentioned when her appointment was announced, which was specifically to target exchanges and mixers. In 2022, crypto projects suffered over 125 hacking incidents losing $1.48 billion, with the top five all in the Defi space. The FBI report states that American citizens lost $10 billion in online fraud, with crypto investment scams accounting for $2.57 billion.