Damian Williams, the prosecutor in charge of the FTX's Sam Bankman-Fried trial, may be leaving his position before Trump takes office in January. Reports suggest that Trump plans to replace Williams with Jay Clayton, the former SEC chair. Williams has been instrumental in prosecuting high-profile crypto fraud cases since being appointed in 2021. His office played a crucial role in holding crypto executives accountable following the industry's turmoil in 2022. In the meantime, Deputy Attorney Ed Kim will serve as the acting US Attorney until a permanent replacement is confirmed. Williams' departure ahead of Trump's request allows him to leave on his own terms, potentially to maintain his legacy of aggressively pursuing crypto crimes. Trump's transition team is also considering pro-crypto candidates for major financial regulatory roles, including the replacement of SEC chair Gary Gensler. Additionally, there are rumors that Trump is looking to buy out Bakkt, a leading b2b digital assets platform.



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