In a recent development in the world of cryptocurrency regulation, six lawmakers have taken a stand against the disbandment of the Department of Justice's (DOJ) crypto enforcement squad. In a letter addressed to Deputy Attorney General Todd Blanche, the lawmakers expressed their concerns and urged him to reconsider the decision.
The DOJ's crypto enforcement squad played a crucial role in investigating and prosecuting cases related to cryptocurrency fraud, money laundering, and other illicit activities in the digital asset space. The decision to disband this specialized unit has raised questions and sparked debates within the cryptocurrency community and among policymakers.
The lawmakers highlighted the importance of having a dedicated team to address the unique challenges posed by the rapidly evolving cryptocurrency landscape. With the increasing adoption of digital assets and the rise of
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