Bitcoin has plunged more than 30 percent and Ether is down around 40 percent in recent months, as gains from President Trump’s pro-crypto policies evaporated.
As President Trump has championed crypto and the industry has gone mainstream, funds from scammers and other criminal groups have flowed onto major crypto exchanges.
In the Trump administration’s latest example of dialing back cryptocurrency enforcement, Roger Ver agreed to pay about $48 million to end a tax fraud case.
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