On April 3, according to CoinDesk, after dismissing Attorney General Pam Bondi, Trump appointed former private lawyer and Deputy Attorney General Todd Blanche as Acting Attorney General. Todd Blanche previously disbanded the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) during his tenure as Deputy Attorney General and signed a memo instructing prosecutors not to pursue enforcement actions against regulatory violations in the crypto industry. This memo was cited in the Southern District of New York’s case against Tornado Cash developer Roman Storm, ultimately leading to one of the charges being dropped.

Notably, at the time of signing this crypto enforcement memo, Blanche still held approximately $159,000 to $485,000 worth of crypto assets (including BTC, ETH, SOL, ADA, etc.), allegedly violating ethical rules and his prior commitment to divest assets before handling crypto-related matters. Blanche’s latest U.S. government ethics disclosure shows he has transferred the relevant crypto assets to his children and grandchildren. #Gate广场四月发帖挑战