Skadden Discusses DOJ's Reliance on Traditional Statutes in Cryptoasset Fraud Cases

The CLS Blue Sky Blog

Alexander C. Drylewski Stuart D. Levi Daniel Michael Spurthi Jonnalagadda

Partners Alexander Drylewski, Stuart Levi and Daniel Michael and associate Spurthi Jonnalagadda highlight how two recent indictments demonstrate the ways federal prosecutors are using traditional wire fraud, money laundering and identity theft laws to target alleged scams involving new forms of assets, such as cryptocurrency and NFTs.