Trump Administration Shuts Down The Department Of Justice’s Crypto Crime Unit
The U.S. Department of Justice has terminated its specialized cryptocurrency investigation team, signaling a significant shift in federal oversight of digital assets.
What Happened: In a detailed internal memorandum, Deputy Attorney General Todd Blanche announced the immediate dissolution of the National Cryptocurrency Enforcement Team (NCET), aligning with President Donald Trump‘s directive to foster a more crypto-friendly regulatory environment.
The move reflects the administration’s broader push to scale back enforcement actions against the digital asset industry.
Blanche, a key figure in the DOJ and Trump’s former defense attorney, criticized the previous administration’s approach to cryptocurrencies.
“The Justice Department’s role isn’t to regulate digital assets, but the prior leadership pursued aggressive prosecution tactics,” he wrote in the memo, according to Fortune.
He emphasized that …
About The Author
