After serving as the chair of the U.S. Securities and Exchange Commission from 2017 to 2020, Jay Clayton has been nominated by President-elect Trump to be the U.S. Attorney for the Southern District of New York. Clayton has been involved in high-profile crypto cases and has a background in securities law.

The U.S. Attorney's Office in Manhattan will devote fewer resources to policing cryptocurrency crimes after securing several major convictions, including that of FTX founder Sam Bankman-Fried, a senior prosecutor said on Friday. The comments came a day after Donald Trump appointed former SEC Chairman Jay Clayton to serve as U.S. attorney for the Southern District of New York. 


The U.S. Attorney's Office for the Southern District of New York plans to reduce its focus on crypto-related cases, according to one of its top prosecutors. While they will still handle such cases, fewer resources will be allocated to them compared to 2022. This announcement comes after President-elect Donald Trump appointed Jay Clayton to lead the office as Attorney for the Southern District of New York. Clayton previously served as chair of the U.S. Securities and Exchange Commission and led the agency through the ICO boom. The SDNY prosecutor also acknowledged the active involvement of regulatory partners such as the SEC and CFTC in the crypto space.

The U.S. Attorney's Office for the Southern District of New York, a prominent and powerful court that has brought numerous high-profile crypto-related cases, plans to cut back on cases related to crypto, according to one of its top prosecutors.That doesn't mean prosecutors there will disregard crypto cases, but fewer people will be working on them compared to 2022, Scott Hartman, co-chief of the securities and commodities fraud task force at the Manhattan Court said during a Practising Law Institute conference on Friday, according to reporting from Reuters."You won't see as much crypto stuff coming out of at least the SDNY in the future," Hartman said at the conference.Prosecutors in Manhattan brought several high-profile cases against crypto industry players including against former FTX CEO Sam Bankman Fried and Celsius founder Alexander Mashinsky. Both firms filed for bankruptcy in 2022.Hartman's comments come a day after President-elect Donald Trump tapped Jay Clayton to lead that office as Attorney for the Southern District of New York.Clayton previously served as chair of the U.S. Securities and Exchange Commission from 2017 to 2020 and led the agency through the initial coin offering boom of 2017-2018. During that time, his office filed several high-profile lawsuits against prominent and lowly crypto projects. Before leaving the SEC, charges were filed against Ripple. The SEC accused the firm of raising $1.3 billion through the sale of XRP, which the agency says is an unregistered security. The case is ongoing after a New York judge gave both parties a partial win and both have filed appeals.SDNY's Hartman also said on Friday that SDNY knows that its "regulatory partners are very active in this space." Both the U.S. SEC and the Commodity Futures Trading Commission have brought numerous cases involving crypto over the years, including against FTX, Binance and other crypto entities.

US Attorney's Office for the Southern District of New York to Reduce Focus on Crypto Cases

Trump nominated his first-term SEC Chairman Jay Clayton as the U.S. Attorney for the Southern District of New York for his second term. Additionally, the nomination for Secretary of the Treasury is expected to be announced as early as this week.

According to Deep Tide TechFlow, on November 15, as reported by Jinshi Data, Trump has nominated Jay Clayton, the chairman of the U.S. Securities and Exchange Commission during his first term, as the U.S. Attorney for the Southern District of New York for his second term. Additionally, the nomination for the Secretary of the Treasury may be announced as early as this week.

Former President Trump nominates former SEC Chairman Jay Clayton as U.S. Attorney for the Southern District of New York, with the Treasury Secretary's nomination possibly announced as early as this week.

Trump nominates former SEC Chairman Jay Clayton as the U.S. Attorney for the Southern District of New York, with the Treasury Secretary's nomination expected to be announced as early as this week.

PANews, November 15 – According to Jinshi News, Trump has nominated Jay Clayton, the chairman of the U.S. Securities and Exchange Commission during his first term, as the U.S. Attorney for the Southern District of New York for his second term.

Additionally, Scott Bessent, the founder of Key Square Group LP and one of the popular candidates for Treasury Secretary under the Trump administration, praised the president-elect's economic agenda amidst intensifying competition for cabinet members, believing it will promote growth across various sectors of the economy. The nomination for Treasury Secretary may be announced as early as this week.

Trump nominates former SEC Chairman Jay Clayton as the U.S. Attorney for the Southern District of New York, with the Treasury Secretary's nomination possibly announced as early as this week.

Trump nominated former US SEC Chairman Jay Clayton as Attorney for the Southern District of New York. While serving as SEC Chairman from 2017 to 2020, Clayton led several enforcement actions in the crypto space, including lawsuits against ICO projects Kik and Telegram, and a lawsuit against Ripple, accusing it of raising funds through unregistered XRP sales. 

Trump nominates former SEC Chairman Jay Clayton as U.S. Attorney for the Southern District of New York

Odaily Planet Daily News: Trump announced on the social media platform Truth Social, "I am pleased to announce that Jay Clayton from New York has been nominated as the U.S. Attorney for the Southern District of New York. Jay performed exceptionally well during my first term as Chairman of the U.S. Securities and Exchange Commission (SEC)."

Trump nominates Jay Clayton as the U.S. Attorney for the Southern District of New York.

Former President Trump nominated former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton to serve as the U.S. Attorney for the Southern District of New York. During his tenure as SEC Chairman from 2017 to 2020, Clayton led several enforcement actions in the cryptocurrency space, including lawsuits against ICO projects Kik and Telegram, as well as a lawsuit against Ripple, accusing it of raising funds through unregistered XRP sales. Gary Gensler stated that Clayton's enforcement efforts in the crypto market kept the SEC on high alert.

Former President Donald Trump has nominated former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton to serve as the U.S. Attorney for the Southern District of New York. During his tenure as SEC Chairman from 2017 to 2020, Clayton led several enforcement actions in the cryptocurrency space, including lawsuits against ICO projects Kik and Telegram, as well as a lawsuit against Ripple, accusing it of raising funds through unregistered XRP sales. Gary Gensler stated that Clayton's enforcement efforts in the crypto market kept the SEC vigilant at all times. (TheBlock)

Trump nominates former SEC Chairman Jay Clayton to serve as U.S. Attorney for the Southern District of New York.

According to BlockBeats, on November 15, Trump posted on the social media platform Truth Social, stating, "I am pleased to announce that Jay Clayton from New York has been nominated as the U.S. Attorney for the Southern District of New York. Jay performed exceptionally well during my first term as Chairman of the U.S. Securities and Exchange Commission (SEC)."

Former President Trump nominates Jay Clayton as New York Southern District Attorney

BlockBeats News, November 15th, it was reported that former President Trump announced on the social media platform Truth Social that "I am pleased to announce that Jay Clayton from New York has been nominated as the United States Southern District of New York Attorney. Jay served as the Chairman of the U.S. Securities and Exchange Commission (SEC) during my first term and performed remarkably."

Trump Nominates Jay Clayton as New York Southern District Attorney

President-elect Donald Trump appoints former SEC Chair Jay Clayton as U.S. Attorney for the Southern District of New York

President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up the state's Department of Justice branch.

Trump Appoints Former SEC Chair Jay Clayton as U.S. Attorney for Southern District of New York

After taking a turn as top financial cop under former President Donald Trump's previous administration, Jay Clayton has been tapped by the president-elect to serve as Attorney for the Southern District of New York.Clayton, nominated on Thursday, previously served as chair of U.S. Securities and Exchange Commission from 2017 to 2020. The Southern District of New York has handled a variety of high profile crypto cases, including against former FTX CEO Sam Bankman-Fried. The news was first reported by Reuters."I am pleased to announce that Jay Clayton, of New York, the Chairman of the U.S. Securities and Exchange Commission during my first term, where he did an incredible job, is hereby nominated to be the U.S. Attorney for the Southern District of New York," Trump said in a post on Truth Social. "Jay is a highly respected business leader, counsel and public servant."Clayton led the SEC through the initial coin offering boom of 2017-18, during which time his office filed a number of high-profile lawsuits against prominent and lowly crypto projects. Notably, the securities watchdog filed enforcement actions against Kik and Telegram that hampered the messaging apps' crypto efforts.The former SEC chair also denied every application for crypto exchange-traded funds and right before leaving his post, filed charges against Ripple. In 2020, the SEC accused the firm of raising $1.3 billion through the sale of XRP, which the agency says is an unregistered security. The case is ongoing after a New York judge gave both parties a partial win and both have filed appeals.Clayton, a former Sullivan & Cromwell attorney and Federal Reserve advisor, was chair when the DAO Report was released in July 2017, which examined the infamous decentralized autonomous organization (i.e. "The DAO") that caused Ethereum to rollback the chain to recover stolen funds. The report set the precedent for treating crypto assets issued by ICOs as securities.On Wednesday, Clayton told a group of securities lawyers in New York that crypto legislation was likely incoming and said he would be in favor of alleviating "regulatory burdens" to motivate companies to go public, Reuters reported.During prepared remarks on Thursday, SEC Chair Gary Gensler drew similarities between him and Clayton, noting that both of them said bitcoin was not a security. Gensler also said that Clayton had brought about 80 actions against people and firms in crypto.It is unclear whether Gensler has a future at the agency as Trump has said he would fire the leading commissioner "on day one." Sources have said it is likely Gensler would step down as other chairs have done in the past. Gensler could decide to stay on at the SEC as a commissioner."His Commission and he spoke often about these markets, starting in his third month in office when the Commission put out the DAO Report," Gensler said. "The SEC has continued that vigilance to ensure that those offering or selling securities comply with our time-tested securities laws."Apollo Global Management appointed Clayton as lead independent director on its board, a newly created role, following his SEC tenure. He also rejoined Sullivan & Cromwell as a senior policy advisor and took on advisorship roles at crypto firms Fireblocks and One River.

Former SEC Chair Jay Clayton Nominated as U.S. Attorney for Southern District of New York

Former SEC Chair Jay Clayton has been given a new role by President-elect Donald Trump, who will be inaugurated on Jan. 20.

<img src='https://sosovalue.s3.us-west-2.amazonaws.com/sosovalue/web3image/24/11/15/isb4tt2goop5.png'/>Former SEC Chair Jay Clayton has been given a new role by President-elect Donald Trump, who will be inaugurated on Jan. 20.

Trump picks ex-SEC chair Jay Clayton as US Attorney for Manhattan

在2017年至2020年担任美国证券交易委员会主席后，杰伊·克莱顿被当选总统特朗普提名为纽约南区的美国检察官。克莱顿参与了多个引人注目的加密货币案件，并拥有证券法的背景。

前美国证券交易委员会主席杰伊·克莱顿被提名为纽约南区的美国检察官

在2017年至2020年擔任美國證券交易委員會主席後，傑伊·克萊頓被當選總統特朗普提名爲紐約南區的美國檢察官。克萊頓參與了多個引人注目的加密貨幣案件，並擁有證券法的背景。