U.S. Deputy Attorney General Lisa Monaco announced on Thursday local time that the Federal Bureau of Investigation (FBI) is creating a “dedicated team dedicated to cryptocurrencies” called the Virtual Asset Crime Investigation Unit.

The division will include cryptographic experts and will have the ability to eventually

And the comments made by Berkshire Hathaway’s vice chairman have gone viral for his imaginative depiction of cryptocurrencies.

Charlie Munger is the old vice chairman of Berkshire Hathaway and right-hand man of Warren Buffett.

The 98-year-old investment icon likened cryptocurrency to a sexually transmitted disease during the Los Angeles-based newspaper company Daily Journal Corp’s annual shareholder question and answer.

“I certainly didn’t invest in cryptocurrencies. I’m proud of myself for avoiding it. It’s like some kind of STD.”

Munger went on to express his disdain for Bitcoin and other cryptocurrencies, adding: “I want it to be banned immediately…I admire the Chinese for banning it. I think they’re right and we’re wrong to allow it. of.”

In a securities filing late Feb. 14, Berkshire Hathaway disclosed that it increased its exposure to cryptocurrencies by buying $1 billion worth of shares in Nubank, Brazil’s largest fintech bank, Popular with Brazilian cryptocurrency investors.

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