U.S. DOJ Dismantles Cryptocurrency Enforcement Team: Shifting Focus to Individual Prosecution

The U.S. Department of Justice (DOJ) has disbanded its National Cryptocurrency Enforcement Team, signaling a major shift in the approach to regulating digital assets. This decision aligns with President Trump’s executive order emphasizing regulatory clarity and prioritizing individual prosecutions over collective enforcement actions against exchanges or mixers. The DOJ, which previously focused on coordinated federal enforcement efforts through the NCET, is now moving towards directly targeting individuals who harm crypto investors. 2021 marked a turning point as the NCET ushered in a new era of proactive cryptocurrency regulation, but its abrupt dismantling presents significant changes for the industry. While some predict increased innovation and investment within the U.S., others worry about market uncertainty and the potential for regulatory flux.