Todd Blanche, author of DOJ crypto enforcement memo, is now interim AG
U.S. President Donald Trump named Todd Blanche, his former personal attorney and deputy attorney general, as the interim top prosecutor.
What to know:
- President Donald Trump removed Attorney General Pam Bondi and named his deputy, Todd Blanche, to lead the U.S. Department of Justice.
- As deputy attorney general, Blanche dismantled the DOJ’s National Cryptocurrency Enforcement Team and ordered prosecutors to avoid pursuing regulatory violation cases in the crypto industry.
- Blanche held between $159,000 and $485,000 in various cryptocurrencies when he signed the crypto enforcement memo, in apparent violation of ethics rules and his pledge to divest before working on crypto-related matters.
As deputy attorney general, Blanche ordered the disbanding of the DOJ’s National Cryptocurrency Enforcement Team, which was formed in 2022 under former President Joe Biden, and signed a four-page memo ordering prosecutors not to pursue regulatory violation cases in the crypto industry.
The document was referenced in the Southern District of New York office’s case against Tornado Cash developer Roman Storm, eventually leading that office to drop a charge against Storm (Storm was later convicted on another charge, and faces a retrial on two more later this year).
According to Blanche’s most recent government ethics disclosure, dated July 10, 2025, Blanche transferred his crypto asset holdings to his children and a grandchild, including Bitcoin , Solana (SOL), and Ethereum (ETH). His disclosure form also noted that he’d held Polygon (MATIC), and Quant (QNT), as well as Coinbase (COIN) stock.
According to ProPublica, he still held these cryptos — somewhere between $159,000 and $485,000 in total — when he signed the enforcement memo, which violated ethics rules and his pledge to divest prior to working on crypto-related matters.
