US Justice Dept disbands crypto enforcement team, citing Trump order

Trump’s Justice Department Won’t Be Investigating Crypto Fraud

Donald Trump‘s presidential campaign was backed in part by millions of dollars from cryptocurrency firms and wealthy investors in the industry. In return, he has sought to make the U.S. the “crypto capital of the world,” signing an executive order on “strengthening American leadership in digital financial technology” and announcing a U.S. strategic bitcoin reserve and digital asset stockpile. Trump has promoted the industry as he and his famil…

Justice Department scraps its crypto enforcement unit as Trump loosens restrictions

The unit that helped investigate Binance and Tornado Cash ‘shall be disbanded effective immediately,’ according to a memo

Trump’s justice department to disband unit investigating crypto fraud

Deputy attorney general Todd Blanche sends memo to employees promising dissolution ‘effective immediately’US politics live – latest updatesThe US justice department is disbanding a unit that was dedicated to investigating cryptocurrency-related fraud as Donald Trump’s presidential administration loosens oversight in the digital assets sector.In a four-page memo sent to justice department employees on Monday evening, the deputy attorney general, …

US Justice Dept disbands crypto enforcement team, citing Trump order

Justice Department scraps crypto unit as Trump further loosens oversight of digital assets

The National Cryptocurrency Enforcement Unit was established in 2021 and prosecuted major crypto-related felonies.