US AG nominee Todd Blanche criticized for dismantling DOJ crypto unit

U.S. Attorney General nominee Todd Blanche faced criticism during his Senate confirmation hearing on July 15 for directing the dismantling of the Department of Justice's crypto investigation unit and halting ongoing criminal probes into the sector. In April 2025, while serving as Assistant Attorney General, Blanche led the effort to disband the unit. Senator Dick Durbin alleged that this action allowed President Donald Trump to earn 1.4 billion dollars through connections to the crypto industry, including the family business World Liberty Financial. Durbin claimed that cryptocurrency is linked to the current administration's "cunning and suspicious deals." Senator Thom Tillis also expressed concern over the pardon of former Binance CEO Changpeng Zhao. Blanche responded that he would review the pardon process if his nomination is confirmed.

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