Trump administration reportedly shutters DOJ’s crypto enforcement team

The United States Department of Justice (DOJ) is reportedly disbanding the National Cryptocurrency Enforcement Team (NCET). NCET’s disbandment was noted in a four-page memo by United States Deputy General Todd Blanche, according to a Fortune journalist who claims to have seen the document in an April 8 report. The official is quoted saying in the note:“The Department of Justice is not a digital assets regulator. However, the prior Administration used the Justice Department to pursue a reckless strategy of regulation by prosecution source: https://cointelegraph.com/news/trump-administration-shutters-doj-crypto-enforcement-team?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound