US Department of Justice Shifts Cryptocurrency Enforcement Strategy

The US Department of Justice is shifting its cryptocurrency enforcement strategy. Key points include:

Federal prosecutors will not target crypto platforms, wallets, or mixers for user actions without clear evidence of intentional wrongdoing.
This change follows the revocation of previous regulations under the Trump administration to enhance US leadership in digital finance.
Deputy Attorney General Todd Blanche announced the end of the National Cryptocurrency Enforcement Team and criticized prior legal approaches.
Prosecutors are instructed to avoid cases related to crypto regulation unless there’s proof of knowing legal violations.
This shift may impact ongoing cases, such as those against Tornado Cash’s founders.
The DoJ will focus on fraud, scams, or direct harm to investors rather than broader regulatory prosecutions.