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Trump’s justice department to disband unit investigating crypto fraud

Deputy attorney general Todd Blanche sends memo to employees promising dissolution ‘effective immediately’The US justice department is disbanding a unit that was dedicated to investigating cryptocurrency-related fraud as Donald Trump’s presidential administration loosens oversight in the digital assets sector.In a four-page memo sent to justice department employees on Monday evening, deputy attorney general Todd Blanche said that its national cryptocurrency enforcement team (NCET) “shall be disbanded effective immediately”. Continue reading...

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