US DOJ Dismantles Crypto Crime Unit Amid Shift in Regulatory Approach

The US Department of Justice (DOJ) has officially disbanded its dedicated crypto crime unit, NCET (National Cryptocurrency Enforcement Unit), as part of a major policy shift. This move comes after Deputy Attorney General Todd Blanche stated that the DOJ aims to prioritize prosecuting individuals who engage in fraudulent activity within the cryptocurrency space, rather than cracking down on platforms like exchanges and mixers.