US Attorney's Office for the Southern District of New York to Reduce Focus on Crypto Cases
The U.S. Attorney's Office for the Southern District of New York plans to reduce its focus on crypto-related cases, according to one of its top prosecutors. While they will still handle such cases, fewer resources will be allocated to them compared to 2022. This announcement comes after President-elect Donald Trump appointed Jay Clayton to lead the office as Attorney for the Southern District of New York. Clayton previously served as chair of the U.S. Securities and Exchange Commission and led the agency through the ICO boom. The SDNY prosecutor also acknowledged the active involvement of regulatory partners such as the SEC and CFTC in the crypto space.
US Attorney's Office for the Southern District of New York to Reduce Focus on Crypto Cases
The U.S. Attorney's Office for the Southern District of New York plans to reduce its focus on crypto-related cases, according to one of its top prosecutors. While they will still handle such cases, fewer resources will be allocated to them compared to 2022. This announcement comes after President-elect Donald Trump appointed Jay Clayton to lead the office as Attorney for the Southern District of New York. Clayton previously served as chair of the U.S. Securities and Exchange Commission and led the agency through the ICO boom. The SDNY prosecutor also acknowledged the active involvement of regulatory partners such as the SEC and CFTC in the crypto space.
