The U.S. Justice Department scraps its crypto enforcement team, shifting focus to terrorism and fraud, under President Trump's crypto-friendly policies, leading to market volatility.
The U.S. Justice Department scraps its crypto enforcement team, shifting focus to terrorism and fraud, under President Trump's crypto-friendly policies, leading to market volatility.

By Odin's Raven! A Shifting Wind!

Hear me shield maidens and warriors! I Ragnar Lothbrok have seen winds change quicker than a berserker's mood but this... This is a tempest! The U.S. Justice Department it seems has decided to sheath its sword when it comes to those shiny digital trinkets they call 'cryptocurrencies.' They've disbanded their National Cryptocurrency Enforcement Team. I hear your gasps worthy warriors. Worry not! A new saga begins.

Terrorism? That's a New Kind of Dragon

Now instead of chasing every coin peddler they'll focus on those who use these 'digital assets' for… terrorism! Terrorism you say? Sounds like a new kind of dragon to slay one that hoards not gold but… bits and bytes. Apparently they will also target narcotics human trafficking organized crime hacking and cartel and gang financing. Makes you wonder doesn't it? What dark currents flow beneath the surface of this brave new world?

Trump's Crypto Kingdom: A Viking's Wager?

This Trump fellow he reminds me of a Viking chieftain who loves to gamble. He's made these 'crypto friendly policies' a centerpiece they say. He even holds a personal stake! Seems he has embraced blockchain networks. Even started his own decentralized digital bank called World Liberty Financial selling 550 million in tokens! It seems he will send 75% of profits to Trump linked entities! Will his wager pay off? Only the Norns can truly know but I'd wager a few longships that it'll be a wild ride! “I don’t believe in Gods. I believe in the Allfather.” The Allfather of Crypto perhaps?

The Sword is Sheathed But Not Forgotten!

But fear not ye honest traders! The Justice Department claims they will still investigate fraud and cybercrime. “Power is always dangerous. It attracts the worst and corrupts the best” said Lagertha. The Criminal Division's Computer Crime and Intellectual Property Section will support by offering guidance and training. They're merely sharpening their axes for a different kind of battle focusing on the most wicked of deeds.

Regulation? Bah! Let the Gods Decide!

They say past efforts were like trying to regulate the tides with a twig. Now they'll leave the 'regulatory frameworks' to others. Let the financial regulators squabble over rules! We Vikings know that true wealth comes from courage and cunning not endless parchment and ink.

The Market Plunges! Is This Ragnarok?

Despite Trump's enthusiasm the market has taken a dive! Bitcoin is down from its high! Seems even digital gold can lose its luster. Perhaps the gods are testing us seeing if we'll crumble under pressure. We must endure! A true Viking never yields! “How I long for the day that Christians forgive me for all the things they have done!” And how I long for the day all this crypto nonsense makes sense!


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