The DOJ and the SEC charged a subsidiary of an international investment adviser with defrauding investors by concealing billions of dollars of losses and misrepresenting downside risk in connection with a series of hedge funds that collapsed in March 2020.
In a Fact Sheet, the DOJ outlined proposed legislation to add resources and capabilities "to isolate and target the crimes of Russian officials, government-aligned elites, and those who aid or conceal their unlawful conduct."
DOJ Assistant Attorney General of the Antitrust Division Jonathan Kanter proposed strategies to combat anticompetitive practices in the digital economy.
The DOJ charged two individuals with (i) conspiracy to commit wire fraud and (ii) conspiracy to commit money laundering in connection with an alleged million-dollar scheme to defraud purchasers of non-fungible tokens.
The DOJ and Department of the Treasury joined a multinational force to coordinate economic countermeasures against Russia in response to its invasion of Ukraine.
The DOJ charged a dual U.S. and Russian national for evading requirements under the Foreign Agents Registration Act, and for other illegal conduct while serving as an agent for the Russian government.
In a speech before the ABA Institute on White Collar Crime, Attorney General Merrick B. Garland highlighted DOJ's "first priority in corporate criminal cases," the prosecution of individuals who profit from corporate malfeasance.
The DOJ launched an interagency force dedicated to enforcing the sanctions, export restrictions, and economic countermeasures imposed as a response to Russia’s invasion of Ukraine.
At a hearing before the House Committee on Financial Services, representatives considered legislative recommendations from the November 2021 President's Working Group Report on stablecoins.
