DOJ Disbands Cryptocurrency Fraud Unit Amid Policy Shift
The U.S. Department of Justice (DOJ) has officially disbanded its National Cryptocurrency Enforcement Team (NCET), signaling a significant shift in federal policy towards digital assets. This move aligns with President Donald Trump's broader agenda to foster innovation in the cryptocurrency industry by reducing regulatory oversight. The DOJ will now concentrate on prosecuting individuals who exploit digital currencies for serious crimes, such as terrorism and human trafficking, rather than targeting crypto platforms themselves.