Wire · regulatory
US Senator blasts AG pick for 'dismantling' crypto unit, Trump's CZ pardon
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Fusion42 · 16 July 2026 · Fusion42 review
US Senate Democrats criticise Trump's AG pick Todd Blanche for dismantling the Justice Department's crypto enforcement unit in April 2025, enabling Trump's $1.4 billion crypto ties and a presidential pardon for former Binance CEO CZ Zhao. Blanche has signalled a shift away from prosecuting blockchain developers, though ongoing cases like Tornado Cash remain live.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
If you're building on-chain infrastructure or a blockchain platform in the US, prosecution risk from the DoJ just dropped sharply - but only if you can prove developers didn't knowingly enable crime. Existing cases like Tornado Cash still move forward, so the enforcement line has shifted, not disappeared.
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1 source · 15 Jul 2026
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