Close Menu
Cryprovideos
    What's Hot

    Could Labor Market Shock Overtake Inflation as Bitcoin’s Next Macro?

    June 6, 2025

    Tesla TSLA Inventory Data Worst Day Since 2020 Following Trmup-Musk Public Soften Down – BlockNews

    June 6, 2025

    Finest Crypto Presale? Finest Pockets Token Raises $13 Million for Web3 Ecosystem – CryptoDnes EN

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Manhattan Prosecutors Revise Crypto Crime Techniques After Trump's Newest Appointment | Bitcoinist.com
    Manhattan Prosecutors Revise Crypto Crime Techniques After Trump's Newest Appointment | Bitcoinist.com
    Crypto News

    Manhattan Prosecutors Revise Crypto Crime Techniques After Trump's Newest Appointment | Bitcoinist.com

    By Crypto EditorNovember 16, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The US Legal professional’s Workplace in Manhattan is reportedly shifting its strategy to crypto crime enforcement, allocating “fewer assets” to this space following a sequence of great convictions, together with that of FTX founder Sam Bankman-Fried.

    Southern District Of New York To Scale Again Crypto Prosecutions

    Scott Hartman, co-chief of the securities and commodities job power on the Southern District of New York (SDNY), introduced this at a convention hosted by the Working towards Legislation Institute in New York.

    Hartman famous that whereas the workplace will proceed to handle cryptocurrency circumstances, the variety of prosecutors devoted to those points has diminished because the collapse of digital asset costs in 2022.

    The prosecutor emphasised that the SDNY won’t utterly abandon crypto-related prosecutions however indicated a notable decline in circumstances shifting ahead. “You received’t see as a lot crypto stuff popping out of not less than the SDNY sooner or later,” he acknowledged.

    Former SEC Chair Clayton Takes Workplace As US Legal professional

    The choice comes shortly after President-elect Donald Trump appointed Jay Clayton, the previous chair of the US Securities and Trade Fee (SEC), as the brand new US legal professional for the Southern District of New York. 

    Clayton held his place throughout Trump’s first time period, from 2017 to 2021, and was identified for pursuing some cryptocurrency-related circumstances, albeit with much less depth than the present SEC chair, Gary Gensler, who has taken a extra aggressive stance on regulating the trade.

    On the time, Trump’s perspective on the trade was additionally considerably totally different from the views he expressed throughout his present presidential marketing campaign main as much as his election on November 5. 

    Beforehand, Trump had expressed skepticism towards digital belongings, notably focusing on Bitcoin (BTC), which he labeled a “rip-off” and criticized for being “extremely unstable and based mostly on skinny air.”

    The President-elect has dedicated to implementing substantial modifications within the nation’s strategy to crypto. He has promised to finish the present “warfare on crypto” and proposed initiatives equivalent to designating Bitcoin as a strategic reserve asset for the US to cut back the nation’s $36 trillion debt.

    Nonetheless, Scott Hartman acknowledged that the SDNY has actively pursued vital fraud circumstances throughout the 2021 crypto winter. But, he emphasised that different regulatory businesses, such because the SEC and the Commodity Futures Buying and selling Fee (CFTC), oversee the sector.

    President Trump has hinted at potential modifications in SEC management, stating his intention to fireplace the company’s Gary Gensler, on the primary day of his new administration, which begins on January 20.

    Total, there may be optimism amongst buyers within the digital asset ecosystem because the incoming administration is poised to be a catalyst for additional adoption and progress of digital belongings, with the promise of recent regulatory frameworks. 

    Manhattan Prosecutors Revise Crypto Crime Techniques After Trump's Newest Appointment | Bitcoinist.com
    The day by day chart exhibits the whole crypto market cap valuation at $2.9 trillion. Supply: TOTAL on TradingView.com

    Featured picture from DALL-E, chart from TradingView.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Finest Crypto Presale? Finest Pockets Token Raises $13 Million for Web3 Ecosystem – CryptoDnes EN

    June 6, 2025

    Breaking: Apple Exploring Crypto Integration

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Trump Crypto Pockets Goes Darkish Following Stop and Desist – Decrypt

    June 6, 2025
    Latest Posts

    Could Labor Market Shock Overtake Inflation as Bitcoin’s Next Macro?

    June 6, 2025

    New BTC Layer 2 ICO ‘Bitcoin Hyper’ Raises $500K – Finest New Cryptocurrency to Purchase?

    June 6, 2025

    Bitcoin Cycle Prime Is In—$270,000 Delayed Till 2026, Says Analyst

    June 6, 2025

    Trump Media submits new SEC submitting to buy $2.3B Bitcoin reserve

    June 6, 2025

    Palantir Is Violating Its Personal Rules By Avoiding A Bitcoin Treasury

    June 6, 2025

    Michael Saylor’s Technique ups Bitcoin wager with $1B inventory providing

    June 6, 2025

    Bitcoin Worth Might Drop Beneath $100,000: Right here’s Why It’s Seemingly Regardless of Rising Accumulation

    June 6, 2025

    Bitcoin May Crash by Double-Digit Proportion Factors in a ‘Fast Transfer’ if This Assist Stage Fails, Warns Crypto Dealer – The Each day Hodl

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Consensus 2025 – High 10 Developments Defining Crypto’s Future – The Every day Hodl

    June 4, 2025

    Ethereum and AI: Constructing Decentralized AI Purposes on the Ethereum Blockchain

    February 13, 2025

    Hackers are promoting counterfeit telephones with crypto-stealing malware

    April 3, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.