President Donald Trump’s most recent actions regarding cryptocurrency smack of impropriety, at the very least, and flagrant potential criminal activity at the worst.
Trump’s elimination of the Department of Justice’s National Cryptocurrency Enforcement Team effectively rendered digital assets free from investigation and prosecution.
Cryptocurrency is decentralized, thus eliminating the need for financial institutions such as banks to validate and facilitate transactions. In short, both the federal and private watchdogs for the cryptocurrency industry are now gone or never existed.
Without third parties authorizing these financial transactions, criminals can evade anti-money laundering protocols.
Adding to the cryptocurrency chaos is the odious connection between President Trump and his largest…
