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Lawmakers Warn DOJ's Crypto Team Closure Fuels Crime

4/11/2025

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Summary

Story summary

Democratic lawmakers, spearheaded by Senator Elizabeth Warren, are sounding the alarm over the DOJ's decision to dissolve the National Cryptocurrency Enforcement Team, labeling it a "grave mistake." They warn this move could embolden criminal activities such as money laundering and drug trafficking, while also raising eyebrows about possible conflicts of interest tied to President Trump's cryptocurrency dealings. Calls for clarity on this controversial decision are growing louder.

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Story summary

Democratic lawmakers, spearheaded by Senator Elizabeth Warren, are sounding the alarm over the DOJ's decision to dissolve the National Cryptocurrency Enforcement Team, labeling it a "grave mistake." They warn this move could embolden criminal activities such as money laundering and drug trafficking, while also raising eyebrows about possible conflicts of interest tied to President Trump's cryptocurrency dealings. Calls for clarity on this controversial decision are growing louder.