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Ex-SEC chair, now heading SDNY, offers rebuke in $12M crypto fraud case


Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud.In an April 23 notice, the US Attorney’s Office said Eugene...

Ex-SEC chair, now heading SDNY, offers rebuke in $12M crypto fraud case


Jay Clayton, recently appointed interim US Attorney for the Southern District of New York (SDNY) and former chair of the Securities and Exchange Commission, has begun offering statements in criminal cases involving crypto fraud.In an April 23 notice, the US Attorney’s Office said Eugene...

Ripple vs. SEC — Respite for a Beleaguered Industry


On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...

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