Trump’s justice department to disband unit investigating crypto fraud

Deputy attorney general Todd Blanche sends memo to employees promising dissolution ‘effective immediately’US politics live – latest updatesThe US justice department is disbanding a unit that was dedicated to investigating cryptocurrency-related fraud as Donald Trump’s presidential administration loosens oversight in the digital assets sector.In a four-page memo sent to justice department employees on Monday evening, the deputy attorney general, Todd Blanche, said that its national cryptocurrency enforcement team (NCET) “shall be disbanded effective immediately”. Continue reading...

Trump’s justice department to disband unit investigating crypto fraud

Deputy attorney general Todd Blanche sends memo to employees promising dissolution ‘effective immediately’

The US justice department is disbanding a unit that was dedicated to investigating cryptocurrency-related fraud as Donald Trump’s presidential administration loosens oversight in the digital assets sector.

In a four-page memo sent to justice department employees on Monday evening, the deputy attorney general, Todd Blanche, said that its national cryptocurrency enforcement team (NCET) “shall be disbanded effective immediately”. Continue reading...