Daniel Silva Quoted in WIRED

The US Is Turning a Blind Eye to Crypto Crimes

By: Joel Khalili

Though the new DOJ orders do not prohibit prosecutors from investigating crypto businesses, the practical realities of the job—the way budget is allocated, how investigations are staffed, the possibility that supervisors may decline to proceed with a case—mean they achieve a similar result, says Daniel Silva, another former prosecutor and attorney at law firm Buchalter.

“If I’m a prosecutor, I’m not sure I’m interested,” says Silva. “If I’m doing long-term, complex financial investigations involving international fraud, I can manage three or four at a time. Am I going to spend years on a [crypto] case that might get declined?”

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