Jessie Liu, accomplice at Skadden and the aged US attorney for the District of Columbia, headed up the team that has prosecuted what some imagine is the greatest quantity of cryptocurrency crimes worldwide — Welcome to Video, Dark Scandals, Helix, North Korea, Hamas/Al Qaeda and ISIS. In this episode, she discusses:

  • how she got here to make a Threat Finance Unit that specializes in the intersection of cybercrime that threatened nationwide security
  • what the DOJ’s unusual cryptocurrency enforcement framework capability and what the importance is of the framework
  • what aspects of the framework crypto startups must listen to
  • whether or no longer the DOJ will continue to act in dwell efficiency with a quantity of companies, as it did recently with its indictment of four executives at cryptocurrency derivatives change BitMEX along with an enforcement circulate by the CFTC against the identical change
  • how DOJ can claim jurisdiction over exchanges positioned outdoors the US, on a handy diploma, hobble after entities positioned outdoors
  • how the FATF world requirements can own an mark on enforcement within the US
  • the DOJ’s stance toward “anonymity-enhanced” cryptocurrencies, or privateness-maintaining cash
  • the DOJ’s dissimilarity that EU’s privateness laws, GDPR, may perhaps also be outmoded by some crypto exchanges to preserve the DOJ from acquiring info from those exchanges
  • how willing international worldwide locations are to coordinate with US laws enforcement and whether or no longer cryptocurrency criminals may perhaps furthermore engage in jurisdictional arbitrage

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Crypto.com: http://crypto.com

Episode links:

Jessie Liu: https://www.linkedin.com/in/jessie-okay-liu/

Skadden bio: https://www.skadden.com/experts/l/liu-jessie

Press commence about cryptocurrency enforcement framework: https://www.justice.gov/opa/pr/attorney-total-william-p-barr-publicizes-e-newsletter-cryptocurrency-enforcement-framework

Cryptocurrency enforcement framework: https://www.justice.gov/ag/page/file/1326061/download

Unchained podcast about FATF principles: https://unchainedpodcast.com/why-the-commute-rule-is-one-of-the-most-necessary-rules-in-crypto/

CoinDesk on how the enforcement framework is a warning shot to offshore exchanges: https://www.coindesk.com/doj-crypto-framework-warning

Links from news recap:

https://unchainedpodcast.com/bitcoin-whale-rocket-chart