Six Senators Accuse Deputy Attorney General of “Glaring” Crypto Conflict, Cite ProPublica Investigation
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Six senators are accusing Deputy Attorney General Todd Blanche of a conflict of interest for curtailing cryptocurrency enforcement efforts at the Department of Justice. The senators, citing a ProPublica investigation, allege Blanche owned at least $159,000 in crypto assets when he ended investigations into crypto companies and disbanded the National Cryptocurrency Enforcement Team in April. They claim this violated federal conflict of interest laws, as Blanche's actions could have directly benefited his financial interests. Despite signing an ethics agreement to divest his crypto holdings and recuse himself from related matters, Blanche issued a memo halting investigations launched under President Biden before divesting. The senators, including members of the Senate Judiciary Committee, previously raised concerns that his actions would benefit Donald Trump's crypto interests.
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