Lawyer's Viewpoint: Immigration Issues Became a Priority During Trump's Term, While Crypto Enforcement Cases Will Take a Backseat

2024-11-17 10:45:20

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ChainCatcher news, according to CryptoSlate, Trump promised to ease cryptocurrency enforcement during his campaign. Current and former government lawyers stated at a meeting in New York on Friday that this change will occur as Trump readjusts the policies of the Department of Justice and regulatory agencies.

Lawyers indicated that cryptocurrency fraud cases will not receive a free pass, but they are no longer a priority. The focus of government agencies and departments may shift to areas such as immigration enforcement, another promise made by Trump during his campaign.

Scott Hartman, co-chair of the Securities and Commodities Task Force at the Manhattan U.S. Attorney's Office, stated that the office will reduce its resource allocation for crimes related to cryptocurrency. This means that the number of prosecutors handling cryptocurrency cases will decrease compared to the period during the 2022 cryptocurrency industry collapse that triggered the "crypto winter."

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