Government Enforcement Defense Lawyers David McGill and Benjamin Sauter on Why Cryptocurrency Traders Must Prepare for Regulatory Scrutiny
January 31, 2018
As the shift toward cryptocurrency trading becomes more pronounced, U.S. regulators will inevitably be compelled to take more action. David McGill and Benjamin Sauter, who regularly represent clients in digital currency disputes, explain why and how traders should brace for a significant wave of prosecutions in Traders magazine. The authors explore the ways the U.S. Department of Justice has positioned itself for criminal prosecutions, following the jockeying of U.S. Commodity Futures Trading Commission and U.S. Securities and Exchange Commission for jurisdiction over these markets, and why market participants should look beyond the transactional benefits of digital currency trades.