Following the removal of Attorney General Pam Bondi, the US Department of Justice will now be led by Todd Blanche, as announced by President Donald Trump on Thursday. Blanche previously represented Trump in a New York criminal case before the 2024 presidential election, and was later appointed deputy attorney general.
As deputy attorney general, Blanche disbanded the National Cryptocurrency Enforcement Team, established in 2022 under the Biden administration, and issued a memo instructing prosecutors to refrain from pursuing regulatory violations in the cryptocurrency sector. This move was referenced in a case involving Tornado Cash developer Roman Storm, resulting in the dismissal of a charge against him. According to Blanche's latest government ethics disclosure, dated July 10, 2025, he transferred his cryptocurrency holdings, including Bitcoin, Solana, ADA, and Ethereum, to his family members. However, it was reported that he still held these assets, valued between $159,000 and $485,000, when he signed the enforcement memo, raising concerns about potential ethics violations and conflicts of interest.