»#JusticeDepartment scraps #cryptounit dedicated to #crypto-related #investigations as #Trump further loosens oversight of #digitalassets.« https://fortune.com/crypto/2025/04/08/doj-ncet-disbands-memo-todd-blanche-trump/?eicker.news #tech #media
https://www.europesays.com/1980265/ Tools of the trade: How North Korea launders billions in stolen cryptocurrency #crypto #cryptocurrency
https://www.europesays.com/1979945/ EU markets regulator says crypto may cause ‘broader stability issues’ as market grows #crypto #cryptocurrency
If you want to follow the real story of the Nazi Regime tariffs, ignore the headlines and watch his crypto exchange and the valuation of its so-called “stablecoin,” USD1. He’s already made $550 million on another World Liberty cryptocurrency, WFLI.
At the same time the Nazi Regime has been imposing trade-strangling tariffs on everything from bras to beer, he has stripped the FTC and FEC of any ability they once pretended to have to regulate crypto currencies and exchanges, creating a wild west free market in those imaginary “investment vehicles.”
Follow the funny money and ask yourself this question: where are the tariffs on crypto?
#uspol #uspolitics #tariffs #crypto #fraud #theft #crime #criminal #Corruption
https://open.substack.com/pub/luciantruscott/p/trumps-tariffs-theyre-not-bait-and
https://www.europesays.com/1979616/ U.S. Justice Department disbands crypto enforcement team #crypto #Cryptocurrencies #cryptocurrency #DonaldTrump #ElonMusk #JdVance #markets #Republicans #U.S.
https://www.europesays.com/1979285/ Beyond Bitcoin: Top Crypto Investments for 2025 You Shouldn’t Ignore – Kaanch Network Leads the Charge #crypto #cryptocurrency
Otro "El ultimo que apague las luces" en la historia gringa.
fbi disbands crypto enforcement team
Altman [+ Thiel] -Backed Praxis Scouts Kyiv, Athens for Tech Utopia Base
Don't forget Nuuk in Greenland...
"Brown, 29, has raised about $500 million from investors to help establish a city that will offer AI-augmented governance, an environment that will accelerate tech research and employer-friendly labor laws he describes as 'Elon-compatible.'"
Bloomberg: https://www.bloomberg.com/news/articles/2025-04-08/altman-backed-praxis-scouts-kyiv-athens-for-tech-utopia-base
Archived: https://archive.ph/yD3QN
https://www.europesays.com/1978952/ NEWS: US disbands National Cryptocurrency Enforcement Team #crypto #cryptocurrency #DonaldTrump #NationalCryptocurrencyEnforcementTeam #US
NEWS: US disbands National Cryptocurrency Enforcement Team https://www.byteseu.com/903667/ #Crypto #CryptoCurrency #DonaldTrump #NationalCryptocurrencyEnforcementTeam #US
Elsewhere in the last remaining crypto crime cases we may see for a while, it seems Celsius CEO Alex Mashinsky might be trying to weasel out of responsibility for the crimes to which he’s pleaded guilty. His sentencing is scheduled for a month from now.
![Alex Mashinsky
Prosecutors are seeking further action from the court regarding factual disputes pertaining to the conduct of Alex Mashinsky, the former CEO of Celsius who pleaded guilty to fraud and market manipulation in December [I71]. It’s not entirely clear what the disputes entail, as the government’s letter was filed under seal,9 but it seems that the government feels Mashinsky is trying to deny responsibility for actions stipulated in his plea agreement. An unsealed response letter10 from Mashinsky’s defense quotes a portion of the prosecutors’ letter, where they allege Mashinsky is “distancing himself from the stipulations in the plea agreement”. Mashinsky’s lawyers write that, “The parties certainly dispute the nature and circumstances of Mr. Mashinsky’s offense, and whether, for example, he knowingly misrepresented Celsius’s profitability to customers or engaged in a conspiracy with Roni Cohen Pavon (and others) to manipulate the price of CEL token,” but argue that it is not material to his sentencing.
At least according to Mashinsky’s lawyers, prosecutors are looking for the judge to either resolve factual disputes regarding Mashinsky’s conduct in the government’s favor, or conduct a two-week hearing in which both parties can present evidence for evaluation in his sentencing. Mashinsky’s lawyers don’t want either of these things, and want his sentencing to proceed as scheduled on May 8.](https://media.hachyderm.io/media_attachments/files/114/304/395/673/687/300/original/5387a4f6927541f0.png "Alex Mashinsky
Prosecutors are seeking further action from the court regarding factual disputes pertaining to the conduct of Alex Mashinsky, the former CEO of Celsius who pleaded guilty to fraud and market manipulation in December [I71]. It’s not entirely clear what the disputes entail, as the government’s letter was filed under seal,9 but it seems that the government feels Mashinsky is trying to deny responsibility for actions stipulated in his plea agreement. An unsealed response letter10 from Mashinsky’s defense quotes a portion of the prosecutors’ letter, where they allege Mashinsky is “distancing himself from the stipulations in the plea agreement”. Mashinsky’s lawyers write that, “The parties certainly dispute the nature and circumstances of Mr. Mashinsky’s offense, and whether, for example, he knowingly misrepresented Celsius’s profitability to customers or engaged in a conspiracy with Roni Cohen Pavon (and others) to manipulate the price of CEL token,” but argue that it is not material to his sentencing.
At least according to Mashinsky’s lawyers, prosecutors are looking for the judge to either resolve factual disputes regarding Mashinsky’s conduct in the government’s favor, or conduct a two-week hearing in which both parties can present evidence for evaluation in his sentencing. Mashinsky’s lawyers don’t want either of these things, and want his sentencing to proceed as scheduled on May 8.")
He’s attempting a rather novel argument for leniency in his sentencing: there’s just so much crime in crypto that he forgot it wasn’t allowed.
The Acting Director of the SEC is looking to rescind or modify even more previous crypto guidance based on “recommendations from DOGE”.
And the agency has dropped even more investigations and lawsuits, including against Trump business partner Crypto.com.
![The SEC investigation into Crypto.com has been terminated, and the agency will not pursue any enforcement action.20 This is hardly surprising given the flood of dropped SEC lawsuits and closed investigations targeting the industry, but it’s especially unsurprising given that, three days earlier, Trump Media picked Crypto.com as a partner to launch various exchange-traded funds [I80].
I noted in February that, despite the Winklevoss twins’ victory screeches, it wasn’t clear that the ongoing lawsuit regarding the Gemini Earn product had actually been dropped [I78]. The lawsuit was filed against Gemini and Genesis Global Capital in January 2023 after Gemini customers lost access to almost $1 billion in funds as the two companies halted withdrawals [I16], and Genesis settled their portion of the case for $21 million in March 2024 [I50]. The portion against Gemini had been ongoing until an April 1 joint request for a 60-day stay to “allow the parties to explore a potential resolution”.21 This is the same language that’s been used to halt the SEC cases against companies like Coinbase and Tron, and it’s widely understood that these mark the end of SEC scrutiny for these companies.
Even “Hawk Tuah girl” is out of the woods, recently telling TMZ that the SEC had closed its investigation into the memecoin flop [W3IGG] that became emblematic of the memecoin world and — particularly lately — crypto as a whole.22](https://media.hachyderm.io/media_attachments/files/114/304/386/942/317/315/original/3c14566e43f54990.png "The SEC investigation into Crypto.com has been terminated, and the agency will not pursue any enforcement action.20 This is hardly surprising given the flood of dropped SEC lawsuits and closed investigations targeting the industry, but it’s especially unsurprising given that, three days earlier, Trump Media picked Crypto.com as a partner to launch various exchange-traded funds [I80].
I noted in February that, despite the Winklevoss twins’ victory screeches, it wasn’t clear that the ongoing lawsuit regarding the Gemini Earn product had actually been dropped [I78]. The lawsuit was filed against Gemini and Genesis Global Capital in January 2023 after Gemini customers lost access to almost $1 billion in funds as the two companies halted withdrawals [I16], and Genesis settled their portion of the case for $21 million in March 2024 [I50]. The portion against Gemini had been ongoing until an April 1 joint request for a 60-day stay to “allow the parties to explore a potential resolution”.21 This is the same language that’s been used to halt the SEC cases against companies like Coinbase and Tron, and it’s widely understood that these mark the end of SEC scrutiny for these companies.
Even “Hawk Tuah girl” is out of the woods, recently telling TMZ that the SEC had closed its investigation into the memecoin flop [W3IGG] that became emblematic of the memecoin world and — particularly lately — crypto as a whole.22")
As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding.
![Trump business interests
As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding.
Eric Trump has recently announced American Bitcoin, a company he has co-founded with the CEO of bitcoin mining firm Hut8. American Bitcoin will essentially subsume Hut8’s entire bitcoin mining business under suspiciously friendly terms for the Trumps. As VanEck’s Matthew Sigel noted, “I don’t fully understand the rationale of selling 61,000 miners in exchange for an 80% stake in a subsidiary that they previously owned 100% of. No cash changes hands.”13 Hut8 seems to have decided that favor with the Trump family is worth more than cash.
I’ve gotten some flak in the past for describing World Liberty Financial as the Trumps’ crypto platform, as some liked to reiterate the platform’s claims that they had an arms-length relationship with the Trumps (despite the fact that 75% of protocol revenues go to Trump, and the platform prominently listed the three Trump sons as “ambassadors” [I68]). Now that the election is over, all pretense has been dropped, and the Trump family has taken majority control of the company. The company has raised $550 million in token sales, putting Trump’s cut at almost $400 million. The project still has yet to launch anything, but as I noted last issue, their plans now include lau](https://media.hachyderm.io/media_attachments/files/114/304/382/375/322/281/original/0e569a7196898a8a.png "Trump business interests
As we watch Trump dismantling cryptocurrency industry regulations and enforcement, it’s worth revisiting the extent to which he and his family personally profit from their cryptocurrency business interests, which they have been rapidly expanding.
Eric Trump has recently announced American Bitcoin, a company he has co-founded with the CEO of bitcoin mining firm Hut8. American Bitcoin will essentially subsume Hut8’s entire bitcoin mining business under suspiciously friendly terms for the Trumps. As VanEck’s Matthew Sigel noted, “I don’t fully understand the rationale of selling 61,000 miners in exchange for an 80% stake in a subsidiary that they previously owned 100% of. No cash changes hands.”13 Hut8 seems to have decided that favor with the Trump family is worth more than cash.
I’ve gotten some flak in the past for describing World Liberty Financial as the Trumps’ crypto platform, as some liked to reiterate the platform’s claims that they had an arms-length relationship with the Trumps (despite the fact that 75% of protocol revenues go to Trump, and the platform prominently listed the three Trump sons as “ambassadors” [I68]). Now that the election is over, all pretense has been dropped, and the Trump family has taken majority control of the company. The company has raised $550 million in token sales, putting Trump’s cut at almost $400 million. The project still has yet to launch anything, but as I noted last issue, their plans now include lau")
![Then there’s Trump Media, the firm behind the Truth Social platform, which has recently filed documents disclosing plans to explore something called Truth.Fi, which will include a crypto component [I80]. Trump’s stake in Trump Media is estimated at around $2 billion, and the company recently submitted filings that would allow the trust holding his shares in the company (controlled by Donald Trump Jr.) to sell them.14
Then there are the memecoins [I75]. Trump has already extracted around $350 million from crypto buyers via his $TRUMP token.15 On April 18, he’ll be allowed to sell off another 40 million of the tokens in the first token unlock of several scheduled over a three-year period. There’s also his wife’s $MELANIA token, which has been comparatively less lucrative, although the team responsible for it (also responsible for the disastrous $LIBRA token) has been quietly dumping tokens for at least $30 million in recent days.16
Of course we can’t forget the NFTs (multiple projects apiece launched by both Donald and Melania Trump), the bitcoin sneakers, and the other associated crypto-related grifts. And then there’s the political benefit via crypto industry donations — over $10 million contributed directly to supporting Trump, and over $200 million and counting raised to influence Congressional races.](https://media.hachyderm.io/media_attachments/files/114/304/384/425/242/286/original/efd3710ae358fcd1.png "Then there’s Trump Media, the firm behind the Truth Social platform, which has recently filed documents disclosing plans to explore something called Truth.Fi, which will include a crypto component [I80]. Trump’s stake in Trump Media is estimated at around $2 billion, and the company recently submitted filings that would allow the trust holding his shares in the company (controlled by Donald Trump Jr.) to sell them.14
Then there are the memecoins [I75]. Trump has already extracted around $350 million from crypto buyers via his $TRUMP token.15 On April 18, he’ll be allowed to sell off another 40 million of the tokens in the first token unlock of several scheduled over a three-year period. There’s also his wife’s $MELANIA token, which has been comparatively less lucrative, although the team responsible for it (also responsible for the disastrous $LIBRA token) has been quietly dumping tokens for at least $30 million in recent days.16
Of course we can’t forget the NFTs (multiple projects apiece launched by both Donald and Melania Trump), the bitcoin sneakers, and the other associated crypto-related grifts. And then there’s the political benefit via crypto industry donations — over $10 million contributed directly to supporting Trump, and over $200 million and counting raised to influence Congressional races.")
A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.
![A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.1 The memo also directs prosecutors to “not charge regulatory violations in cases involving digital assets including but not limited to unlicensed money transmitting..., violations of the Bank Secrecy Act, unregistered securities offering violations, unregistered broker-dealer violations, and other violations of registration requirements under the Commodity Exchange Act” unless they have specific knowledge that the defendant knowingly and willfully violated a specific requirement — erecting a major barrier to prosecuting such cases.
The National Cryptocurrency Enforcement Team, established in October 2021 and merged with the computer crimes section in July 2023, helped investigate and prosecute cases including the historic Binance case [I44] — which was based on charges that the DOJ is now explicitly discouraged from prosecuting. NCET was also heavily involved in prosecuting Bitzlato for its role in laundering ransomware proceeds and illicit assets tied to the Russian Hydra darkweb marketplace [I46], and in prosecuting Avi Eisenberg, who I will return to in a moment.23](https://media.hachyderm.io/media_attachments/files/114/304/380/366/705/368/original/0b4fe361f7e196f7.png "A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.1 The memo also directs prosecutors to “not charge regulatory violations in cases involving digital assets including but not limited to unlicensed money transmitting..., violations of the Bank Secrecy Act, unregistered securities offering violations, unregistered broker-dealer violations, and other violations of registration requirements under the Commodity Exchange Act” unless they have specific knowledge that the defendant knowingly and willfully violated a specific requirement — erecting a major barrier to prosecuting such cases.
The National Cryptocurrency Enforcement Team, established in October 2021 and merged with the computer crimes section in July 2023, helped investigate and prosecute cases including the historic Binance case [I44] — which was based on charges that the DOJ is now explicitly discouraged from prosecuting. NCET was also heavily involved in prosecuting Bitzlato for its role in laundering ransomware proceeds and illicit assets tied to the Russian Hydra darkweb marketplace [I46], and in prosecuting Avi Eisenberg, who I will return to in a moment.23")
Newsletter: Trump continues to dismantle crypto enforcement while expanding his personal crypto empire.
Most recently, Trump has called the DOJ off cryptocurrency enforcement and dismantled the agency's crypto enforcement team.
#Ripple, a shitcoin pump and dump company convicted of massive securities law violations, buying a tradfi ("traditional finance") prime broker is a perfect example of the crypto industry making big moves to take over and integrate with america's existing financial system in a way that will be very hard if not impossible to unravel.
All of the money for this corporate takeover came from dumping Ripple's #XRP tokens on retail suckers.
Also Ripple CEO Brad Garlinghouse was one of the 2024 election's biggest donors.
https://ripple.com/ripple-press/ripple-acquires-prime-broker-hidden-road/
https://www.europesays.com/1978626/ DOJ disbands crypto investigation unit, another sign of the Trump administration’s support of digital currency | News Brief #crypto #cryptocurrency
