Partner Justin Weitz spoke with The Washington Post about a memo from the Department of Justice (DOJ) directing prosecutors to limit their pursuit of certain cryptocurrency crimes. Justin discussed what this pivot means for the crypto industry and DOJ enforcement going forward.
“What I see them doing here is recentering focus to be about victims and fraud instead of these technical violations,” Justin said. “The overall goal should have always been: How are we protecting consumers who are getting ripped off in this Wild West? If DOJ devotes resources to protect victims of cryptocurrency-related fraud and manipulation, that’s going to be a good thing that will make the industry better.”
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