What to know : President Donald Trump removed Attorney General Pam Bondi and named his deputy, Todd Blanche, to lead the U.S. Department of Justice. As deputy attorney general, Blanche dismantled the DOJ's National Cryptocurrency Enforcement Team and ordered prosecutors to avoid pursuing regulatory violation cases in the crypto industry. Blanche held between $159,000 and $485,000 in various cryptocurrencies when he signed the crypto enforcement memo, in apparent violation of ethics rules and his pledge to divest before working on crypto-related matters.
The U.S. Department of Justice will be helmed by Todd Blanche, the deputy attorney general, President Donald Trump announced Thursday, after removing Attorney General Pam Bondi from the position.
Blanche represented Trump in his criminal case in New York prior to Trump's reelection as U.S. President in 2024. Trump named him deputy attorney general after retaking office.
As deputy attorney general, Blanche ordered the disbanding of the DOJ's National Cryptocurrency Enforcement Team, which was formed in 2022 under former President Joe Biden, and signed a four-page memo ordering prosecutors not to pursue regulatory violation cases in the crypto industry.
The document was referenced in the Southern District of New York office's case against Tornado Cash developer Roman Storm, eventually leading that office to drop a charge against Storm (Storm was later convicted on another charge, and faces a retrial on two more later this year).
According to Blanche's most recent government ethics disclosure, dated July 10, 2025, Blanche transferred his crypto asset holdings to his children and a grandchild, including Bitcoin , Solana (SOL), and Ethereum (ETH). His disclosure form also noted that he'd held Polygon (MATIC), and Quant (QNT), as well as Coinbase (COIN) stock.
According to ProPublica, he still held these cryptos — somewhere between $159,000 and $485,000 in total — when he signed the enforcement memo, which violated ethics rules and his pledge to divest prior to working on crypto-related matters.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
