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Trump Tells Justice Department to Just Let Crypto Fraud Slide

The Ministry of Justice in the Trump administration was directed to dissolve a team of prosecutors who were investigating encrypted currency crimes.

In a note, Deputy Prosecutor Todd Blanc, “The Ministry of Justice is not organized by digital assets, accusing Trump Joe Biden using the administration” to follow up on a reckless strategy of the organization by the prosecution, which was badly photographed and implemented badly. “

Specifically, the memorandum calls for the solution of the NCET coin enforcement unit (NCET) to “immediately in effect” to comply with Trump’s executive matter related to digital assets.

The work group was established in 2021, and it was made up of public prosecutors and lawyers specializing in money laundering and electronic crimes.

It has already been achieved in the dark encrypted currency “Tumbles” or “mixers” that mix encryption boxes to hide their original source, as well as North Korean infiltrators who helped money launder with Crypto.

Trump was one day a strong enemy of the encryption industry, but he changed his melody after the players began to support him financially.

Earlier this month, he issued an amnesty for an encrypted currency exchange that was fined $ 100 million to violate the Anti -Money Laundering law. He also recently obtained the former Ross Ulbricht, Darknet Kingpin from The Online Marketplace Silk Road.

Trump is also financially associated with the industry, as it launched Mimikoen as well as an encryption project.

However, whether the president actually understands how cryptocurrency currencies remain unclear at best.

“Crypto is one of those things that we have to do,” Trump said during the project announcement in September. “Whether we like it or not, I must do it.”

Now it dismantles the mechanisms designed to hold those who take advantage of the encrypted currencies of responsible fraud.

This is although the encryption community apparently is at odds with how the president has been writing down so far. Mimikoen, which Trump called, has proven very controversial in encryption circles, where some accused him of “sarcastically from this industry.”

However, other encryption advocates celebrate the latest step.

“We must deal with the bad guys,” Tweet Peter van Valcperberg, Executive Director of the Da`wah Center. “Not developers of the good tools that the bad guys make for use.”

However, critics have indicated that Trump is already using digital assets to collect wealth with an absolute supervision.

“The president runs an encrypted fraud, where he can get millions of dollars unidentified,” Msnbc Analyst Tim Miller Tweet. “Meanwhile, the Ministry of Justice closed the Investigation Unit in encryption.”

“There is no plan for corruption like this in our history, at least outside the White House,” he added.

More about Trump and Crypto: Bitcoin is severely broken

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2025-04-08 20:17:00

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