Nov 16, 01:30 AM

Manhattan US Attorney's Office to Scale Back Crypto Crime Policing After Major Convictions, Including Sam Bankman-Fried

The U.S. Attorney's Office in Manhattan has announced plans to reduce its focus on prosecuting cryptocurrency-related crimes. This decision comes amid a leadership transition, following significant convictions in the crypto sector, including that of former FTX CEO Sam Bankman-Fried. Senior prosecutor Scott Hartman indicated that the office will allocate fewer resources to crypto crime enforcement. This shift in strategy was noted just one day after the nomination of former SEC Chair Jay Clayton to the Manhattan office, suggesting a potential change in priorities for the office moving forward.

#Manhattan #FTX #Scott Hartman #SEC #Jay Clayton

Written with ChatGPT (GPT-4o mini).

Sources

CryptoSavingExpert ®@CryptoSavingExp
2 years ago
U.S. prosecutors have announced their plans to reduce the pursuit of crypto-related cases https://t.co/QNODIeQ0Wi
Bitcoin.com News@BTCTN
2 years ago
Prosecutors Ease Off: Crypto Crimes Lose Spotlight in Manhattan #NewsBytes https://t.co/jJ8PJWrzZS
Reuters Legal@ReutersLegal
2 years ago
The US Attorney's Office in Manhattan will scale back crypto crime policing after securing major convictions, including that of Sam Bankman-Fried, senior prosecutor Scott Hartman said one day after former SEC Chair Jay Clayton's nomination to that office https://t.co/PLJhRVmhZK https://t.co/0EvF3x8GzU

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