Jay Clayton Appointed U.S. Attorney for Southern District of New York
- Jay Clayton, former SEC Chair, is now U.S. Attorney for the Southern District of New York.
- Clayton led 57 crypto-related enforcement actions during his SEC tenure.
- The Ripple case, initiated by Clayton in 2020, is moving toward resolution.
- Clayton will serve as interim U.S. Attorney for up to 120 days.
- His appointment follows a blocked formal nomination process by Senate Majority Leader Chuck Schumer.
Jay Clayton has taken office as U.S. Attorney for the Southern District of New York, bringing experience from leading 57 crypto-related enforcement actions at the SEC, including the ongoing Ripple case. His interim role will last up to 120 days due to a blocked formal nomination process.
Source (2.6)https://decrypt.co/315876/jay-clayton-takes-helm-at-sdny-returning-to-government-with-crypto-record-in-tow?rand=52368