Jay Clayton Takes Helm as SDNY U.S. Attorney, Bringing Crypto Expertise

Jay Clayton, former Chairman of the SEC, has been appointed U.S. Attorney for the Southern District of New York (SDNY), marking a significant return to government service in crypto regulation. Under his leadership, the SEC aggressively addressed fraudulent ICOs and navigated the application of securities laws to cryptocurrencies. Clayton’s tenure saw progress on regulatory clarity and investor protection while encouraging innovation within the space.