DOJ to Reassess How Victims of Crypto Crime Are Compensated

DOJ to Reassess How Victims of Crypto Crime Are Compensated

In a memo released last Monday, the DOJ said that it would reconsider the process by which investors in digital assets that become forfeited in fraud and theft cases are repaid to investors at a lower price than the current spot value.  In the memo, the DOJ acknowledges the notable 2022 bankruptcy cases of FTX, Voyager Digital, Celsius Network, Genesis Global, BlockFi, and Gemini Trust. Not all of these bankruptcies included criminal charges. Ho…

U.S. Justice Department disbands cryptocurrency enforcement team, shifts focus

The U.S. Department of Justice (DOJ) is dismantling its National Cryptocurrency Enforcement Team (NCET), marking a significant policy shift in its approach to regulating the cryptocurrency industry. This change comes as part of the Trump administration’s broader push to recalibrate U.S. regulatory priorities, aligning them with its stance on reducing oversight of the digital asset sector. Deputy Attorney General Todd Blanche confirmed that the D…

Sweeping DOJ memo signals turning point — and possible relief — for embattled crypto firms – MAXBIT

A recently released DOJ memo marks a significant policy change and could have ramifications for cryptocurrency cases, sources say. Source link

DOJ Considers Paying Crypto Victims Based on Current Market Value

In a major policy reassessment, the U.S. Department of Justice (DOJ) is reviewing how cryptocurrency fraud victims are compensated in federal cases. According to a DOJ notice published on April 14, 2025, the agency is rethinking its approach to digital asset restitution, particularly in light of the FTX bankruptcy and other high-profile crypto collapses. The current model compensates victims based on the market value of assets at the time of los…