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US senators quiz deputy AG over DOJ crypto unit shutdown

🤖 GG AI Summary

Six US senators expressed concerns over the Department of Justice's decision to disband its cryptocurrency enforcement team, highlighting a significant 162% increase in illicit crypto activity in 2025 as a reason for maintaining the unit. This move raises questions about the government's commitment to regulating the growing challenges in the crypto space.

Sentiment: 35% Bearish

The six US senators cited a 162% jump in illicit crypto activity in 2025 to argue that the DOJ should not have disbanded its cryptocurrency enforcement team.

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