US DOJ Disbands Cryptocurrency Crime Unit Under Trump Administration
- The US Department of Justice dissolved its National Cryptocurrency Enforcement Team (NCET) on April 7.
- This decision aligns with President Trump’s January 2025 executive order for regulatory clarity in the crypto industry.
- Deputy Attorney General Todd Blanche stated the DOJ is not a digital assets regulator.
- The NCET, formed in 2021, led major investigations into Tornado Cash and Avraham Eisenberg’s $100 million exploit.
- The SEC has shifted away from “regulation by enforcement,” closing investigations into firms like Coinbase.
The dissolution of the NCET reflects a significant policy shift under the Trump administration, focusing on easing regulations and providing clarity for the cryptocurrency industry.
Source (2.6)https://cryptobriefing.com/doj-crypto-regulation-changes/?rand=59535
