News Snapshot:
src="//www.jdsupra.com/post/contentViewerEmbed.aspx?fid=b7f24a53-268a-4ce0-9c30-9fa2c6f050ca" We all have been following the rapid growth of cryptocurrency and the creation of lucrative trading platforms. Cryptocurrency has earned the scrutiny of regulators and criminal prosecutors – not for run-of-the-mill fraud schemes, but for compliance with applicable anti-money laundering laws and regulations. Late in 2020, the Justice Department and the Commodities Futures Trade Commission (“CFTCâ€) slammed BitMEx and its principals with a coordinated criminal and civil prosecution. As the cryptocurrency markets continue to expand and new trading platforms started, DOJ, the CFTC and the SEC can be expected to exercise increasing oversight and enforcement. In the criminal case,...
