Article 6WFV5 Trump’s justice department to disband unit investigating crypto fraud

Trump’s justice department to disband unit investigating crypto fraud

by
Anna Betts
from on (#6WFV5)

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".

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