Trump Justice Department Shuts Down Crypto Fraud Investigation Unit
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 family become deeply invested in crypto themselves. Trump and his wife, Melania, have each launched their own crypto meme coins. The Trump family created their own crypto exchange, World Liberty Financial. And Trump’s sons Eric and Don Jr. recently established their own Bitcoin mining…
