Will Todd Blanche actually enforce crypto laws as AG?

Unlikely in the near term. His memo already set the tone: avoid regulatory cases. As interim AG, his authority to set prosecutorial priorities is sweeping. That said, pressure from Congress, state AGs, and civil society groups could force his hand down the line.

Did Todd Blanche break ethics laws by holding crypto while signing the memo?

Yes, according to federal ethics rules and ProPublica's reporting. He violated his pledge to divest before working on crypto matters. Whether the Justice Department investigates its own leadership? That's the real question.

What happens to crypto enforcement at the federal level now?

It atrophies. The National Cryptocurrency Enforcement Team is gone. Field offices have already been signaled to deprioritize regulatory cases. Unless there's external pressure, expect a sharp decline in white-collar crypto prosecutions.

Technically, a president can appoint whoever they want as AG. Ethically? That's a different conversation—and it's one we're having now.

🔗 Crypto & Blockchain

Trump's Crypto-Friendly AG Just Killed DOJ Enforcement—And He Owned the Assets Anyway

Todd Blanche just became the most powerful law enforcement officer in America—and he did it after systematically gutting the DOJ's ability to police the crypto industry, all while allegedly violating ethics rules by holding crypto assets himself.

Fintech Dose Apr 03, 2026 4 min read 12 views

Todd Blanche, seated in formal setting, with DOJ seal visible in background and cryptocurrency symbols faded in upper right

⚡ Key Takeaways

Todd Blanche, now interim AG, authored a memo dismantling the DOJ's crypto enforcement unit while holding $159K-$485K in cryptocurrency—a clear ethics violation. 𝕏
His enforcement memo already had teeth: the SDNY dropped regulatory charges against Tornado Cash developer Roman Storm citing Blanche's directive. 𝕏
Crypto regulatory enforcement is now effectively frozen at the federal level, leaving retail investors vulnerable to fraud while the industry celebrates selective non-enforcement. 𝕏

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#Attorney General conflict of interest #DOJ crypto enforcement #Todd Blanche #cryptocurrency regulation

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Originally reported by CoinDesk

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