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How wire fraud, not securities violations, lands crypto criminals in prison

How wire fraud, not securities violations, lands crypto criminals in prison

Wire fraud, the most powerful law in crypto, has nothing to do with the SEC. Recent wins by the DoJ show an emerging playbook.

Cryptocurrency news by Protos · Protos

May 17, 20233m 8s

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Show Notes

To combat crypto crime in the United States, industry participants often turn to the Securities and Exchange Commission. But when it comes to cracking down on bad actors, the Department of Justice’s emerging playbook seems to have a far greater success rate.


Listen to this article to discover why wire fraud is the most effective way of prosecuting criminals without the need to classify crypto assets.


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