Trump Dismantles DOJ Crypto Unit, Citing Regulatory Overreach

The Department of Justice has shuttered its National Cryptocurrency Enforcement Team (NCET), a unit responsible for tackling digital asset-related crimes, following the end of the Trump administration. Deputy Attorney General Todd Blanche cited a previous administration’s focus on enforcement as a reason for dissolving the NCET in a memo sent to staff. He stated that the Department of Justice should not be responsible for regulating digital assets.