The United States looks eye -catching crimes
Meanwhile, the Trump family’s encryption empire is still expanding. In late March, President’s sons, Eric Trump and Donald Trump Jr., announced a new Bitcoin investment. Shortly before, the parent company of social truth, Trump’s social media platform, agreed to launch a set of encrypted exchange. President Trump himself has also issued NFTS in addition to his MemeCoin.
At least until July, at the time, the new US government’s “new” digital asset working group “is needed to recommend an approach to oversee the cryptography industry, it is not yet clear to whom the rules and regulations are implemented. “There was a clear sheriff in the city: [former SEC chair Gary] There is no Gentler right now. “
Although new Doj orders do not ban prosecutors from researching encryption jobs, practical facts – how to allocate budgets, how to investigate and investigate it is likely that supervisors may continue with a case – they will achieve a similar result.
“If I am a prosecutor, I’m not sure I am interested,” Silva says. “If I do long -lasting and complex financial research that includes international fraud, I can manage three or four at the same time. Would I like to spend years one [crypto] A case that may be reduced? “
The important point is that encryption companies are left alone to track the test types of encryption, transactions, or products, even if they increase the limitations of applicable rules. “If you are currently a encryption company, you are more confident that in the next two years your risk tolerance may be as penalized as possible,” Silva says.
In a letter to the Ministry of Justice on Thursday, six Democratic senators said that the fork loosening on the platforms responsible for the flow of cryptographic assets would also lead to dangerous downstream results. “Drugs, terrorists, fraudsters and opponents are exploiting this vulnerability on a large scale,” the letter said.
However, the position of the Ministry of Justice may not be free, which appears to claim that former prosecutor Joshua Naphavilis, who is currently partner of the Palace Partners Law Institute. Although the Ministry of Justice is likely to pursue only a few encryption cases under Trump, according to him, jobs cannot ensure that future violations will not be punished by future governments. This should attract the encryption industry’s willingness to prevent anti -money laundering requirements.
NAFTALIS says “I am sure this breath is for the encryption industry.” “But there is a restriction law. A different president can always go back and charge these cases. It will be a sense of false security.”
Former prosecutors claim that the Ministry of Justice will continue on a hard line in fraud. Silva says, “You can’t just commit the explicit financial crimes and expect someone to look at it.”
There is a degree that all parties – from encryption jobs to prosecutors who perform these new commands – will be required to read between the lines. “The signal is that the industry is no longer in the dog’s house,” says Naftalis. “They still have to comply with the rules. The question is which one will be executed – and by whom?”
