The US Department of Justice will be led by Todd Blanche, deputy attorney general, President Donald Trump announced Thursday, after dismissing Attorney General Pam Bondi from her post.
Blanche represented Trump in his criminal case in New York ahead of Trump’s re-election as President of the United States in 2024. Trump appointed him deputy attorney general after resuming office.
As deputy attorney general, Blanche ordered the disbandment 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 cases of regulatory violations in the crypto industry.
The document was referenced in the Southern District of New York office’s filing against Tornado Cash developer Roman Storm, ultimately leading that office to drop charges against Storm (Storm was later convicted of another charge and faces a retrial on two others later this year).
According to Blanche’s latest government ethics disclosure, dated July 10, 2025, Blanche transferred her crypto asset holdings to her children and one grandchild, including Bitcoin. Solana (SOL), and Ethereum (ETH). His disclosure form also indicated that he owned Polygon (MATIC), and Quant (QNT), as well as Coinbase shares (COIN).
According to ProPublica, he still held those cryptos — between $159,000 and $485,000 in total — when he signed the enforcement memo, which violated ethics rules and his commitment to divest before working on crypto-related matters.
