Manhattan Prosecutors Revise Crypto Crime Tactics After Trump’s Latest Appointment

The US Attorney’s Office in Manhattan is reportedly shifting its approach to crypto crime enforcement, allocating “fewer resources” to this area following a series of significant convictions, including that of FTX founder Sam Bankman-Fried.

Southern District Of New York To Scale Back Crypto Prosecutions

Scott Hartman, co-chief of the securities and commodities task force at the Southern District of New York (SDNY), announced this at a conference hosted by the Practicing Law Institute in New York.

Hartman noted that while the office will continue to address cryptocurrency cases, the number of prosecutors dedicated to these issues has diminished since the collapse of digital asset prices in 2022.

The prosecutor…

Source link