This will find its way to court. It will be struck down.
But the deletion of data currently available to law enforcement may be irreversible.
It's one of the most lawless and corrupt things this administration has done, and that's saying a lot.
I helped pass this law in 2020. It's purpose is to prevent drug traffickers, Russian & Chinese kleptocrats, and other international criminals from setting up anonymously owned companies to hide their money in the US. Trump's Treasury Dept. is doing this to help criminals. 1/
Every bad argument the Trump administration and tech billionaires make against regulating AI begins with "we can't let China win the AI race" and then they sell China the chips it needs to win the race.