According to online reports, Braden John Karony, CEO of cryptocurrency company SafeMoon, in a letter to New York Federal Court Judge Eric Komitee on April 9, citing the U.S. Department of Justice's (DOJ) order not to pursue some cryptocurrency charges in an attempt to get the case against him and the company dismissed. Karoni's lawyer, Nicholas Smith, said the court should consider an April 7 memorandum issued by U.S. Deputy Attorney General Todd Blanche that dissolved DOJ's cryptocurrency arm. The memorandum mentioned that "the Department of Justice is not a regulator of digital assets" and that the DOJ "will no longer conduct litigation or enforcement actions that have the effect of imposing a regulatory framework on digital assets." In addition, Branch also directed prosecutors not to charge violations of securities and commodities laws in cases, and not to charge if there are other available charges such as wire transfer fraud when the case requires the DOJ to determine whether digital assets are securities or commodities.