Justice Dept. to pull back on some cryptocurrency investigations
https://www.washingtonpost.com/national-security/2025/04/08/trump-crypto-fraud-doj-enforcement/"The Justice Department has directed prosecutors to limit their pursuit of some cryptocurrency crimes, the latest example of the Trump administration pulling back on white-collar criminal enforcement.
…… Blanche also said he would disband the National Cryptocurrency Enforcement Team, which was established in 2022 to "address the challenge posed by the criminal misuse of cryptocurrencies and digital assets." The team was composed of Justice Department attorneys with backgrounds in cryptocurrency, cybercrime and money laundering.
….. Trump promised during the election to ease regulation and enforcement against crypto companies, which helped his campaign shore up donations among tech investors and digital assets executives who said they had been persecuted by the Biden administration's efforts to regulate the relatively nascent market.
….. Days before the inauguration, the president and first lady Melania Trump began selling meme coins to the dismay of industry insiders, who viewed the speculative venture as a conflict of interest.
In September, Trump and his sons announced the launch of World Liberty Financial, a new crypto venture. The business plans to sell a stablecoin, as the White House works with lawmakers to develop legislation that would regulate these forms of cryptocurrencies that are backed by the dollar."
*It's every scammer's soggy dream to have the power to neuter the law enforcement agency that goes after scammers. When Trump's disciples lose all their money when it flows into the Trumps' pockets after the scheme collapses, they will be coming out of that proverbial bathroom with just their schwanzes in their hands.

*Naked power is when you can do the stuff you used to have to hide right out in the open in the town square and then give the finger to anyone that calls you on it.
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