SALT LAKE CITY - (04/13/06) -- The state attorney general's officeunveiled a new identity theft reporting system that will expeditereporting by victims and give law enforcement a central database.Victims of identity theft can access the system atidtheft.utah.gov, which shows them how to file a complaint thatwill be sent to the proper agencies. Identity theft victims spendan average of 600 hours and $1,400 to resolve and recover from thecrime, recent studies show. The new database was developed througha task force comprised of law enforcement, legislative, banking,credit union and credit company representatives.
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The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
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