Trump’s focus on cartels highlights new risks for digital assets

Trump’s designation of cartels as terrorists enables extensive investigations by the Department of Justice. Developers may be charged under the material-support statute, reflecting a serious increase in legal threats faced by the crypto industry.

As cartels are linked to crypto crimes, lawsuits under the Anti-Terrorism Act are likely to rise. Cases such as the suit against Binance underscore the urgent need for crypto firms to bolster compliance and navigate these emerging legal landscapes.

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