Jay Clayton Returns to Government—With Crypto Baggage—as SDNY’s New Chief
Former SEC chair Jay Clayton, who oversaw the agency’s crackdown on ICOs and unregistered securities, now leads the Southern District of New York—just as the office ramps up crypto enforcement. His appointment raises eyebrows: will the ex-Goldman Sachs banker who once greenlit Bitcoin futures now target the industry he helped regulate? Timing is everything—especially when your legacy unlocks alongside a bull market.