Crypto Crime-Focused Justice Department Leader Leaving: Report

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Nicholas Quaid, a prominent figure in developing the regime surrounding crypto crime legislation and prosecution, is leaving the Department of Justice, according to a Bloomberg Law report Tuesday.

Quaid, second-in-command in the DOJ’s criminal division, will depart his current role at the end of this week. His nearly two years at the DOJ was characterized by his commitment to combating white-collar crime with a focus on cryptocurrency.

The lawyer is expected to return to his former firm Latham & Watkins, where he was a partner in New York, according to Bloomberg Law.

Read more: DOJ to Hire Director for Its Crypto Enforcement Unit

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