DOJ Disbands Crypto Fraud Unit as U.S. Warms to Crypto
The U.S. Department of Justice has shut down its National Cryptocurrency Enforcement Team (NCET), making a big shift in how the government approaches the crypto field.
The DOJ formed NCET in 2022 to fight crypto-related crime by bringing together experts in cybercrime, money laundering, and digital forensics. Deputy Attorney General Todd Blanche ended the unit’s mission “effective immediately.”
Trump’s DOJ Makes Big Changes to Crypto Enforcement
This change came shortly after President Trump signed Executive Order 14178, which is trying to clear regulatory confusion and boost blockchain innovation.
The DOJ will now focus on serious crimes such as terrorist financing, drug trafficking, and human trafficking that involve…
