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Justice Department Says It Will Pull Back on Prosecuting Crypto Fraud

Source: gizmodo.com | By Thomas Maxwell

Published on: 2025-05-09 02:40:43

In case you had any doubts, the golden age of white-collar crime is upon us. The Justice Department announced on Monday that it will stop regulating the digital asset space, instead focusing its efforts on prosecuting crimes that utilize cryptocurrency, like drug and human trafficking. The news comes shortly after President Trump delivered pardons to individuals in the crypto industry, including Silk Road founder Ross Ulbricht and more recently the leaders of cryptocurrency exchange BitMEX. The

Keywords: cryptocurrencies cryptocurrency industry president trump

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Crypto Soars Then Plunges Following Trump’s Post About a Strategic Reserve

Source: gizmodo.com | By Matthew Gault

Published on: 2025-07-07 08:10:50

Donald Trump’s touch is poison. On Sunday morning the President took to Truth Social to juice the numbers of the cryptocurrencies XRP, SOL, and ADA. He said they’d be part of the forthcoming U.S. Crypto Reserve. For a while after the post, the number went up. But now it’s coming back down again. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working

Keywords: crypto cryptocurrencies prices reserve trump

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Crypto prices rally after Trump backs five coins for 'crypto reserve'

Source: feeds.bbci.co.uk | By Unknown

Published on: 2025-07-08 10:29:46

Crypto prices rally after Trump backs five coins for 'crypto reserve' It is unclear how the new stockpile will work. More information is expected on Friday, when Trump plans to host the first Crypto Summit at the White House. During Trump's presidential campaign, he aggressively courted the crypto community. The previous US president, Joe Biden, had overseen a crackdown on crypto due to concerns about fraud and money laundering. The market prices of the five coins he named - Bitcoin, Ethereum

Keywords: crypto cryptocurrencies new reserve trump

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