April 8, 2025, 12:20 pm
The Department of Justice has restructured its digital asset enforcement strategy by disbanding its dedicated crypto enforcement team. According to a memo from Deputy Attorney General Todd Blanche, the shift reallocates resources toward investigating terrorism financing and fraud cases. The updated approach aims to modernize enforcement practices amid a changing landscape in financial crime, ensuring that emerging threats are met with a more agile, decentralized response. This policy pivot reflects broader government efforts to prioritize national security over routine crypto-related prosecutions.
The Trump administration has disbanded a DOJ unit that enforced cryptocurrency fraud, ending its “regulation by prosecution” approach by instructing prosecutors to stop imposing regulatory frameworks on digital assets.
What could go wrong?
The memo, sent by Deputy Attorney General Todd Blanche, outlines a decentralized approach for digital asset cases.
3 stories from 3 sources in 9 days ago ... #blockchain #cybersecurity #cryptocurrency #techpolicy
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