A new nationwide Assistant Attorney General position focused on fraud enforcement is in the works. This signals a major shift in how the government plans to tackle financial crime at scale. For the crypto and DeFi space, tighter fraud oversight could reshape compliance requirements across platforms. It's a heads-up that regulators are zeroing in on scams and bad actors operating across state lines. Projects and exchanges better get their due diligence house in order—because nationwide jurisdiction means nowhere to hide for bad faith operators.
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YieldFarmRefugee
· 01-10 01:46
Damn, the ones who are scamming in the blockchain circle really can't hold on anymore.
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ApeWithNoFear
· 01-08 22:49
Hmm... now the bad guys really have nowhere to hide.
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PanicSeller
· 01-08 22:47
Here we go again, regulators are about to take action. This time, it's serious.
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SeeYouInFourYears
· 01-08 22:45
Now the sub-accounts are starting to tremble; compliance is the true path.
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OnchainUndercover
· 01-08 22:26
Here they go again, the bad guys should be trembling in fear.
A new nationwide Assistant Attorney General position focused on fraud enforcement is in the works. This signals a major shift in how the government plans to tackle financial crime at scale. For the crypto and DeFi space, tighter fraud oversight could reshape compliance requirements across platforms. It's a heads-up that regulators are zeroing in on scams and bad actors operating across state lines. Projects and exchanges better get their due diligence house in order—because nationwide jurisdiction means nowhere to hide for bad faith operators.