Under Trump, US Justice Department ends cryptocurrency investigations | Donald Trump News

The United States Department of Justice has announced it plans to pare back its investigations into cryptocurrency fraud, instead redirecting those resources towards immigration enforcement, terrorism and drug trafficking.

In a memo late on Monday, Deputy Attorney General Todd Blanche quoted President Donald Trump’s pledge to “end the regulatory weaponization” of the cryptocurrency industry.

“The Department of Justice is not a digital assets regulator,” Blanche wrote.

“The…

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News Source: www.aljazeera.com

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