Senator Elizabeth Warren has led a team of six senators to repeal Trump's decision to dissolve the National Cryptocurrency Enforcement Team (NCET).

Just last week, President Trump announced he would be disbanding the team, which was originally established to investigate and prosecute people charged with criminal misuse of digital assets.

This move adds to the long list of controversial policies that President has released, with many wondering if the dissolving of the team would compromise the safety of the crypto landscape.

Senators Sound Alarm Over DoJ’s Crypto Enforcement Retreat

In a letter sent to Deputy Attorney General Todd Blanche, Senator Elizabeth Warren raised concerns about a conflict of interest between the DoJ's decision and U.S president Donald Trump's family crypto business.

In the memo, Senator Warren explained that by dissolving the team, it grants free passes to money launderers, drug traffickers, scammer and child sexual exploiters to do whatever they want without being caught now that the gatekeep has been dissolved.

In the memo released by the DoJ, it records that the organisation has changed its focus and direction on prosecuting individuals who victimise digital asset investors, or those who use digital assets in furtherance of criminal offenses such as terrorism, narcotics, and human trafficking.

The DoJ adds that all the cases that doesn't alight with this new objective will be dropped. But Senator Warren states that this new prerogative is a loophole that bad actors will exploit on a large scale if the NCET is dissolved.

Shift of Interest Benefits Trump’s Family Crypto Ties

Senator Warren also pointed out a conflict of interest between DoJ's decision to shift its focus on terrorism and human trafficking is basically a conflict of interest with President Trump's family crypto business.

Senator Warren is seemingly insinuating that with this new shift in objective, it would allow Trump and his family to benefit since they are no longer under the radar by the DoJ.

In recent months, the President has unleashed a slew of new policies aiming at creating a crypto-friendly environment in the U.S. On January 23, an executive order was signed to foster regulatory clarity and ban central bank digital currencies.

On March 6, the President signed an executive order establishing a strategic Bitcoin reserve and digital asset stockpile.

Despite the regulatory shakeup, Bitcoin and other major cryptocurrencies remain elevated, buoyed by recent relief in global markets after President Trump suspended reciprocal tariffs for 90 days. However, the long-term impact of the DOJ’s enforcement rollback on market integrity and investor confidence remains to be seen.