News
January 29, 2026
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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