The U.S. Department of Justice is conducting an investigation into former Federal Reserve Governor Lisa Cook, accused of mortgage fraud related to properties in Michigan and Georgia. The probe stems from allegations that Ms. Cook submitted falsified documents for favorable loan terms during her time at the Federal Reserve. While the case involves traditional real estate rather than cryptocurrency assets, it has sparked debate about potential political motivations and regulatory implications. Financial markets haven’t yet reacted to these developments, as the charges do not specifically target digital currencies. The investigation is currently under review by both the Justice Department and the Federal Reserve.