Crypto Crime-Focused Justice Department Leader Leaving: Report

Nicholas Quaid, second-in-command in the criminal division, spent his nearly two-year stint at the DOJ developing the regime around crypto crime legislation and prosecution.

AccessTimeIconSep 13, 2022 at 5:14 p.m. UTC
Updated May 11, 2023 at 3:36 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

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.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Cam Thompson

Cam Thompson was a news reporter at CoinDesk.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.