Trump’s justice department to disband unit investigating crypto fraud | Trump administration
The US Department of Justice solves a unit that has been allocated to investigate the fraud related to the encrypted currency Donald TrumpThe presidential administration wears control in the digital assets sector.
In a memorandum of four pages that were sent to the employees of the Ministry of Justice on Monday evening, the Deputy Prosecutor, Todd Blanche, said that the NCET Cracks (NCET) “must be solved immediately.”
the note From Blanche, who previously represented the president in the 2024 criminal trial that led to Trump’s condemnation of 34 criminal charges to falsify business records, “The digital asset industry is very important to economic development and innovation in the country.”
“The Ministry of Justice is not the regulator of digital assets,” said Blanche. Then he continued to criticize Trump’s predecessor, Joe Biden, saying: “However, the previous administration used the Ministry of Justice to follow up on a reckless strategy of the organization through the claim.”
Blanche wrote that the Ministry of Justice will no longer follow the procedures for litigation or law enforcement “an effect on regulatory parties on digital assets, while the actual organizers of President Trump perform this work outside the framework of the punitive criminal justice.”
Instead, Blanche said, “Investigations and judicial trials that involve digital assets should focus on the trial of individuals who strike the investors of digital assets, or those who use digital assets to enhance criminal crimes such as terrorism, drugs, human trafficking, organized crime, penetration, financing and cartoon.”
Blanche wrote that the decision to dissolve NCET was part of the efforts of the Ministry of Justice to comply with Executive order Trump signed him at the beginning of his second presidency in January.
The government’s executive order calls for the protection and enhancement of “the ability of individual citizens and private sector entities alike to reach and use for open legal purposes, Blockchain networks without persecution”, among other goals.
“They will not aim to exchange virtual currency, mix connected services and services, and governor not related to the work of its final users or violations of unwanted regulations,” wrote Blanche official officials, and the unwanted users ’work or unwanted regulations are among other instructions.
Blanche added that the ongoing investigations are “inconsistent” with this new policy “must be closed.”
A spokesman for the Ministry of Justice did not immediately respond to a request to comment from the Guardian on Tuesday.
According to the Ministry of Justice WebsiteNCET Prescribed According to Biden, “the challenge of the challenge represented by criminal use of cryptocurrencies and digital assets.”
Composed of lawyers with experience in encrypted currency, electronic crimes and money laundering, the team was assigned to it command numerous High cases associated with encryption.
The unit resolution decision comes as Trump expressed their desire to make the United States “The Planet’s Cryotation Capital”. He called for Reducing the regulations on the digital asset industry With the adoption of the policies supporting crying.
During his campaign for the White House last year, Trump WOOED Encryption companies to contribute to his campaign and support his candidacy.
Last fall, was Announce Trump and his children were helping launch a new encryption project called World Liberty Financial. Before inauguration, Trump launched a code of encryption.
according to ReutersThe Trump family has a demand for 75 % of net revenue from symbolic sales by World Liberty Financial.
Trump in March Implicit He ordered the establishment of a strategic reserve for the cryptocurrency of the United States. And in the same week, it is Hosting leaders from the encryption industry To the White House to discuss a round table.
