SafeMoon CEO: The U.S. Department of Justice's reduced enforcement力度 on Crypto Assets should lead to the dismissal of its cases.

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Golden Finance reported that the CEO of the crypto assets company SafeMoon, Braden John Karony, cited the directive from the U.S. Department of Justice (DOJ) regarding the cessation of certain cryptocurrency charges in a letter to New York Federal Court Judge Eric Komitee on April 9, in an attempt to have the case against him and the company dismissed. Caroni's lawyer, Nicholas Smith, stated that the court should consider the memorandum issued by U.S. Deputy Attorney General Todd Blanche on April 7, which disbanded the DOJ's Crypto Assets division. The memorandum mentioned that "the Department of Justice is not the regulatory agency for digital assets," and that the DOJ "will no longer engage in litigation or enforcement actions that have the effect of imposing a regulatory framework on digital assets." In addition, Blanche instructed prosecutors not to charge violations of securities and commodities laws in the case, and not to pursue charges when the case requires the DOJ to determine whether a digital asset is a security or commodity, and if there are other available charges such as wire fraud.

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