Crypto prosecutors told to ignore ‘unwitting’ regulatory violations
In This Story
President Donald Trump’s crypto-industry backers notched another win this week, as the administration instructed federal prosecutors to “no longer target virtual currency exchanges, mixing and tumbling services, and offline wallets for the acts of their end users or unwitting violations of regulations.”
Instead, a Monday evening memo from Deputy Attorney General Todd Blanche read, U.S. attorneys should direct their attention to “individuals who victimize digital asset investors, or those who use digital assets in furtherance of criminal offenses such as terrorism, narcotics and human trafficking, organized crime, hacking, and cartel and gang financing.” Along…
