US Senators Oppose the Disbandment of Cryptocurrency Investigation Unit: "Aiding Money Laundering"
Summary
- Democratic senators strongly opposed the disbandment of the cryptocurrency crime investigation unit by the US Department of Justice.
- Six Democratic senators, including Elizabeth Warren, emphasized in an open letter to the DOJ that disbanding the investigation unit could aid money laundering crimes.
- The DOJ announced that developers related to cryptocurrency would not be held legally responsible, which could create a new legal environment in the cryptocurrency market.
Democratic senators have strongly opposed the disbandment of the cryptocurrency crime investigation unit by the US Department of Justice (DOJ).
According to CoinDesk on the 11th (local time), six Democratic senators, including Elizabeth Warren, known as a cryptocurrency opponent, strongly criticized the decision in an open letter to the Deputy Attorney General, stating that "disbanding the cryptocurrency crime investigation unit is a decision that gives a free pass to money launderers."
Previously, Deputy Attorney General Todd Blanche announced the dissolution of the National Cryptocurrency Enforcement Team (NCET) and stated that developers of cryptocurrency exchanges, mixers, and offline wallets would not be held legally responsible.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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