The Justice Department is disbanding a team of prosecutors who targeted cryptocurrency crimes and is shifting its focus away from complex crypto-related cases involving banking and securities law, according to a memo reviewed by The Associated Press.

The Trump administration disbanded the National Cryptocurrency Enforcement Team (NCET) according to a Monday memo issued by the Department of Justice (DOJ) outlining their efforts to remove

The Justice Department has shut down its unit that investigates cryptocurrency fraud “effective immediately,” even as the Trump administration ramps up its embrace of the emerging digital currency market,