# US Senator Criticizes AG Nominee for Dismantling Crypto Unit

Trump's AG nominee faces scrutiny over ties to the crypto industry.

- **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775)
- **Published:** 2026-07-15
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://cointelegraph.com/news/todd-blanche-hearing-dismantling-justice-crypto-unit-donald-trumps-pardon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound>
- **On Brifing:** https://brifing.si/s/149c5cb4-a6c5-44ab-97b5-5ef3288511b3

## Dismantling of Crypto Unit

AG nominee Todd Blanche faced criticism in the US Senate for dismantling the Justice Department's crypto unit. Senator Dick Durbin claimed this move facilitated Trump's ties to the industry.

## Trump's Connections

Blanche's decision to dismantle the crypto unit allegedly allowed Trump to earn $1.4 billion from industry-related ventures. This was linked to Trump's family business, World Liberty Financial.

## CZ's Pardon

Former Binance CEO Changpeng 'CZ' Zhao was pardoned after allegedly channeling $2 billion into World Liberty. Zhao had pleaded guilty to a money laundering charge in 2023.

## Senate Backlash

Blanche's AG nomination faces scrutiny from both Democrats and Republicans in the Senate. Criticism mounts over immigration policies and crypto regulations.

## Policies Toward Coders

Blanche issued a memorandum ending 'regulation by prosecution' in the crypto industry. He stated that coders would not be prosecuted if not responsible for illegal activities.

## Future Cases

The Justice Department continues its cases against developers of platforms allegedly used for illegal activities. Tornado Cash co-founder Roman Storm's case will be retried.

## Sources covering this story

- https://cointelegraph.com/news/todd-blanche-hearing-dismantling-justice-crypto-unit-donald-trumps-pardon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
