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US Justice Dept disbands crypto enforcement team, citing Trump order

N
Apr 8, 2025 · 16:51

[Via Reuters](https://www.reuters.com/world/us/us-justice-dept-disbands-cryptocurrency-enforcement-unit-2025-04-08/)

"...The Deputy Attorney General's Monday memo said the Justice Department would stop targeting virtual currency exchanges, offline wallets and services known as mixers and tumblers designed to make crypto transactions anonymous, for "acts of their end users or unwitting violations of regulations".

Blanche, one of President Trump’s former criminal defense attorneys, was [confirmed](https://www.reuters.com/world/us/us-senate-confirms-ex-trump-defense-lawyer-deputy-attorney-general-2025-03-05/) last month in the No. 2 role at the Justice [Department.In](http://Department.In) his memo, he ordered prosecutors not to charge regulatory violations under federal banking, securities and commodities laws unless there is evidence that the company or individual willfully violated licensing or registration requirements.

Crypto is a sector in which Trump and his family now have a stake. Reuters previously [reported](https://www.reuters.com/business/finance/how-trump-family-took-over-crypto-firm-it-raised-hundreds-millions-2025-03-31/) that the Trump family has a claim on 75% of net revenues from token sales by World Liberty Financial, a crypto venture..."

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