According to Fox News, the Trump Department of Justice has launched an investigation into pardons issued during the Biden administration, citing concerns over the state of mind in decision-making processes (Fox News, June 3, 2025). Traders are closely monitoring this development, as increased regulatory scrutiny could signal heightened oversight across financial sectors, including the cryptocurrency market. Heightened legal uncertainty may lead to increased volatility and risk-off sentiment among crypto investors, especially for assets sensitive to U.S. regulatory actions. Market participants should watch for further DOJ statements to assess potential shifts in compliance requirements and enforcement priorities impacting digital assets.

According to The White House (@WhiteHouse), a public message of appreciation for President Biden’s ongoing support of law enforcement was shared by Becky M. on May 16, 2025. This continued public endorsement signals a likely sustained focus on regulatory oversight, which is relevant for cryptocurrency traders as it suggests further regulatory scrutiny could impact digital asset markets. Traders should monitor upcoming statements and policy directions from US authorities, as increased law enforcement support often correlates with tighter crypto compliance measures and enforcement actions. Source: The White House Twitter.