BTC, ETH, DOGE: U.S. Justice Department Disbands Crypto Enforcement Team
The U.S. Justice Department is disbanding a team of prosecutors who targeted cryptocurrency crimes and malfeasance.
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In a memo that’s been made public, the Justice Department said that it’s shifting its focus away from crypto cases that involve banking and securities law. “The Department of Justice is not a digital assets regulator,” said Deputy Attorney General Todd Blanche in the memo.
The disbanding of the crypto team is the latest effort by the Trump administration to boost the cryptocurrency industry while undoing the previous administration’s efforts to crackdown on wrongdoers who perpetrat crimes using digital coins and tokens. The disbandment of the National Cryptocurrency…
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