Written by Genny Ngai and Will Roth from Morrison Cohen LLP, the Trump administration has labeled drug and violent cartels as Foreign Terrorist Organizations (FTOs) and Specially Designated Global Terrorists (SDGTs) since taking office. President Trump's orders to eliminate these cartels pose a significant threat to the cryptocurrency industry, potentially leading to unintended consequences for the digital asset community. The recent legal action against cryptocurrency companies, such as Binance, for aiding terrorist groups highlights the need for vigilance and compliance with anti-terrorism laws in the industry. As drug cartels are now considered terrorist organizations, crypto companies should be prepared for potential lawsuits and ensure they are not inadvertently involved in illegal activities.