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The Independent UK
The Independent UK
National
Alan Suderman and Alanna Durkin Richer

Justice Department will narrow its focus on crypto-related enforcement

United States Crypto Todd Blanche Donald Trump Joe Biden the Justice Department Cryptocurrency The Associated Press
Trump Crypto - (Copyright 2024 The Associated Press. All rights reserved)

The Justice Department is disbanding a team of prosecutors who targeted cryptocurrency crimes and is shifting its focus away from complex crypto-related cases involving banking and securities law, according to a memo reviewed by The Associated Press.

“The Department of Justice is not a digital assets regulator,” Deputy Attorney General Todd Blanche said in a memo sent to prosecutors on Monday.

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