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Trump admin pressures law enforcement groups to support controversial cryptocurrency legislation
['Cnn Newssource']
KRDO
The administration and cryptocurrency industry groups say, if passed, the law would bring regulatory certainty to the digital currency industry and ensure the sharing of information about illicit activity with law enforcement.
At the Justice Department, Blanche shut down some cryptocurrency criminal investigations and disbanded a group of prosecutors and investigators who focused on cryptocurrency crimes as part of the National Cryptocurrency Enforcement Team.
The outside agencies who represent current and former law enforcement and wield influence on legislation say they got a full court press.
“Everybody in the law enforcement got hammered to support that legislation,” says an official with one law enforcement group who received calls from Trump administration officials and supporters of the bill.
A Justice Department spokesperson rejected some claims in the critical letter from the law enforcement groups.