In an April 9 letter to New York federal court Judge Eric Komitee, Braden John Karony, CEO of cryptocurrency firm SafeMoon, cited a Department of Justice (DOJ) directive not to pursue some cryptocurrency charges in an attempt to get the case against him and the company dismissed. Nicholas Smith, an attorney for Mr. Caroni, said the court should consider an April 7 memo issued by Deputy Attorney General Todd Blanche that dissolved the DOJ's cryptocurrency division. The memo noted that "the Department of Justice is not a regulator of digital assets" and that the DOJ "will no longer pursue litigation or enforcement actions that have the effect of imposing a regulatory framework on digital assets." In addition, Blanche also directed prosecutors not to charge violations of securities and commodities laws in the case, and not to pursue related charges when the case requires the DOJ to determine whether a digital asset is a security or a commodity if there are other available charges such as telegraphic transfer fraud.