US Justice Dept disbands cryptocurrency enforcement unit
- The Justice Department has announced it will disband its National Cryptocurrency Enforcement Team, focusing instead on prosecuting crimes that misuse cryptocurrency, according to Deputy Attorney General Todd Blanche.
- President Trump pardoned figures in the cryptocurrency industry, impacting legal oversight and enabling exchanges like BitMEX to operate with less accountability.
- The cryptocurrency market reacted positively to the disbandment of the enforcement team, rebounding by 7% after weeks of declines, according to various news outlets.
- The Justice Department will still prosecute fraudulent activities within the cryptocurrency sector, despite skepticism regarding its commitment, as stated by Attorney General officials.
148 Articles
148 Articles
Trump’s DoJ disbands crypto unit
The Justice Department (DoJ) began dismantling the unit investigating crypto-related fraud, saying it is not its job to regulate the industry. The crypto community celebrated the news as the digital asset market rebounded 7% after weeks of steep price drops. Disbanding the DoJ’s crypto enforcement unit was one of many promises U.S. President Donald Trump made during his election campaign to… Source
Crypts Without Law: Trump’s Plan
While his tariff bomb brings global financial markets to their knees, threatening countries, industries and families with the ghost of a big recession, Trump continues to clear the obstacles to legitimizing a parallel financial infrastructure, putting it out of the reach of legislation.This Monday, U.S. Deputy Attorney General Todd Blanche announced the dismantling of the National Cryptocurrency Monitoring Team under the Department of Justice. H…


Ticker: DOJ disbands crypto team; Trump orders review of US steel deal
The Justice Department is disbanding a team of prosecutors who targeted cryptocurrency crimes and is shifting its focus away from complex crypto-related cases involving banking and securities law, according to a memo. “The Department of Justice is not a digital assets regulator,” Deputy Attorney General Todd Blanche said in the memo sent to prosecutors. It’s the latest move by the Trump administration to try to boost the cryptocurrency trade whi…
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