Blog: Trump Administration Lets Loose the Dogs of Crypto: Dropped Enforcement Cases Give Green Light to Crypto Grifters
Trump Administration Lets Loose the Dogs of Crypto: Dropped Enforcement Cases Give Green Light to Crypto Grifters
By Iván Cazarín
The Trump administration’s crypto corruption, rampant deregulation, and dropped crypto enforcement cases has greenlit the worst crypto grifters and threatened both investors and the stability of the financial system. The crypto industry claimed it was being unfairly targeted by enforcement efforts, but it is spending an unprecedented amount of money lobbying for a light-touch regulatory regime that would effectively allow deceptive practices, market manipulation, self-dealing, and more that harms crypto investors, workers saving for their retirement, and financial stability.
The…