Democrats slam DOJ’s ‘grave mistake’ in disbanding crypto crime unit

Crypto-critical US Senator Elizabeth Warren has led six Senate Democrats in urging the Department of Justice to reverse its decision to terminate its crypto investigations and prosecutions division. In an April 10 letter to Deputy Attorney General Todd Blanche, the Senators said the decision to disband the department’s National Cryptocurrency Enforcement Team was a “grave mistake” that would support “sanctions evasion, drug trafficking, scams, and child sexual exploitation. ”Senators Richard Durbin, Mazie Hirono, Sheldon Whitehouse, Christopher Coons and Richard Blumenthal signed the letter in addition to Warren. On April 7, Blanche shuttered the DOJ’s crypto enforcement team, saying in a memo that “The Department of Justice is not a digital assets regulator source: https://cointelegraph.com/news/senate-democrats-slam-doj-crypto-crime-unit-shutdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound