![\"Frank](\"https:\/\/cdn-ilddnad.nitrocdn.com\/XgjmJNBNBbZQEuHAZVzgTqmzytAUTSfp\/assets\/images\/optimized\/rev-af63617\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/03\/Frank_Corva-2-1024x1024.jpg\" "\\"On")
On Monday, Deputy Attorney General (DAG) Blanche published a memo<\/a> entitled \u201cEnding Regulation By Prosecution\u201d in which he stated that the U.S. Department of Justice will stop its crackdown on bitcoin and crypto mixers<\/a>.<\/p>\n Here\u2019s the exact language he used in the memo:<\/p>\n \u201c\u2026the Justice Department will stop participating in regulation by prosecution in this space. Specifically, the Department will no longer target virtual currency exchanges, mixing and tumbling services, and offline wallets for the acts of their end users or unwitting violations of regulations\u2026\u201d<\/p>\n The following day, New York Attorney General (NYAG) James co-authored a letter<\/a> in which she called on congressional leaders to create federal crypto regulation, in part to prevent the use of crypto mixers for illicit purposes.<\/p>\n Here\u2019s what she and her co-authors had to say about crypto mixers:<\/p>\n \u201cEffective legislation must require cryptocurrency platforms to expressly comply with anti-money laundering laws, know your customer (\u201cKYC\u201d) regulations and cyber security protocols to prevent the use of cryptocurrency to finance terrorism, adversarial regimes, and crime. Cryptocurrency that cannot be fully traced, such as those going through money laundering mixers, must not be allowed to be converted, directly or indirectly, to U.S. dollars.\u201d<\/p>\n While DAG Blanche gave the benefit of the doubt to users of Bitcoin and crypto mixers, NY AG James implied that all users of such mixers are criminals, as she refers to the technology as \u201cmoney laundering mixers.\u201d<\/p>\n Such language is deeply concerning to hear from the attorney general of a state \u2014 much less any lawyer \u2014 as it presumes guilt.<\/p>\n NY AG James has employed this type of rhetoric around Bitcoin and crypto since she assumed the attorney general role in 2018, and it\u2019s unfair because 1.) she\u2019s never once acknowledged that human rights and pro-democracy activists use mixers to preserve both their privacy and the privacy of their donors<\/a> and 2.) U.S. citizens have a right to financial privacy.<\/p>\n So, as the topic Bitcoin privacy becomes more prominent in the political sphere, be sure to do your part to amplify the type rhetoric that DAG Blanche is using while pushing back on the dangerous and unjust rhetoric from the likes of NY AG James.<\/p>\n It\u2019s up to us to make our voices heard on this issue and to let our elected officials know that it matters to us<\/a>, especially as the Samourai Wallet and Tornado Cash cases unfold (more on both cases in the discussion below).<\/p>\n The fight for our right to transfer value across the internet privately is afoot. Please don\u2019t stay on the sidelines.<\/p>\n This article is a\u00a0Take<\/a>. Opinions expressed are entirely the author\u2019s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.<\/em><\/p>\n<\/p><\/div>\n