Trump's Justice Department Head Accused of Crypto Conflict of Interest in Blatant "Blind" Pursuit of Favor.
A government watchdog group has lodged a formal complaint with the Justice Department's acting inspector general, demanding an investigation into whether Deputy Attorney General Todd Blanche broke federal conflict-of-interest laws when he implemented new policies favoring the cryptocurrency industry. This move sparked widespread market reaction and a substantial profit for his own financial interests.
Blanche, who signed an ethics agreement promising to divest himself of crypto assets within 90 days, ultimately took almost a month before doing so, with most of his holdings being transferred to family members, sparking ethical concerns among observers.
Critics point out that the new policies seem designed to benefit Blanche's own financial interests as they increased the value of his bitcoin alone by 34% in just over two months.
The Campaign Legal Center claims strong evidence supports an investigation into potential wrongdoing and alleged that the public has a right to know if government decisions are being made in their best interest rather than for personal gain.
A government watchdog group has lodged a formal complaint with the Justice Department's acting inspector general, demanding an investigation into whether Deputy Attorney General Todd Blanche broke federal conflict-of-interest laws when he implemented new policies favoring the cryptocurrency industry. This move sparked widespread market reaction and a substantial profit for his own financial interests.
Blanche, who signed an ethics agreement promising to divest himself of crypto assets within 90 days, ultimately took almost a month before doing so, with most of his holdings being transferred to family members, sparking ethical concerns among observers.
Critics point out that the new policies seem designed to benefit Blanche's own financial interests as they increased the value of his bitcoin alone by 34% in just over two months.
The Campaign Legal Center claims strong evidence supports an investigation into potential wrongdoing and alleged that the public has a right to know if government decisions are being made in their best interest rather than for personal gain.