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Crypto Investigations Halted Amid Deputy AG's Conflicts of Interest

12/24/2025

Summary

Story summary

Deputy Attorney General Todd Blanche ordered prosecutors to halt cryptocurrency investigations while he held crypto investments.
The memo, 'Ending Regulation by Prosecution,' ended Biden-era enforcement.
It disbanded the Department of Justice's National Cryptocurrency Enforcement Team.
Legal experts criticized Blanche for conflicts of interest because he retained Bitcoin and assets.
ProPublica noted that the Trump administration aims to make the U.S. crypto capital of the world, with appointees holding crypto investments.

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Story summary

Deputy Attorney General Todd Blanche ordered prosecutors to halt cryptocurrency investigations while he held crypto investments.
The memo, 'Ending Regulation by Prosecution,' ended Biden-era enforcement.
It disbanded the Department of Justice's National Cryptocurrency Enforcement Team.
Legal experts criticized Blanche for conflicts of interest because he retained Bitcoin and assets.
ProPublica noted that the Trump administration aims to make the U.S. crypto capital of the world, with appointees holding crypto investments.