Top DOJ Official Shut Down Enforcement Against Crypto Companies While Holding More Than $150,000 in Crypto Investments
Source: ProPublica
Blanche, President Donald Trumps personal attorney during his New York criminal trial last year, was a cryptocurrency investor with holdings of between $159,000 and $485,000, records show.
To prevent possible violations of the federal conflicts of interest statute, Blanche promised to dump his digital assets no later than 90 days after his Senate confirmation in March, according to his government ethics agreement. He also pledged not to participate in any matter that could have a direct and predictable effect on my financial interests in the virtual currency until his Bitcoin and other crypto-related products were sold.
But about a month into the job before divesting Blanche issued a memo that ordered an end to investigations into crypto companies, dealers and exchanges launched during President Joe Bidens term. He also eliminated an enforcement team dedicated to looking for crypto-related fraud and money-laundering schemes. And his memo said the Justice Department would assist Trumps crypto working group of experts and Cabinet members that went on to issue a list of recommendations aimed at making the United States the global leader in digital coins.
Blanches directives, while he still owned significant crypto investments, violated the conflicts of interest law and his ethics agreement, legal experts and former federal ethics officials told ProPublica.
Read more: https://www.propublica.org/article/todd-blanche-crypto-doj-trump
He's a crook. Of course he is - Trump wouldn't risk having an honest person as his personal attorney.
liberalgunwilltravel
(1,050 posts)Every day that there is likely only one way to deal with these criminals. How did we fall so far so fast?
Botany
(76,227 posts)Trump was installed and heavily protected to run America into the ground and replace
U.S. currency and securities with crypto and help shits like Russia, Musk, the Fossil Fuel
Industries, the rich, Israel, and Racist Christo Fascist types.
Martin Eden
(15,312 posts)THAT is the TRUTH.
The Felon is a criminal fraudster and a pathological liar. No honest attorney could represent his interests.
KS Toronado
(22,848 posts)and Tariffman approves everything they want done.