On June 30, 2022, the U.S. Department of Justice (DOJ) announced criminal charges against six defendants in four separate criminal cases involving alleged fraud in the offering of cryptocurrency investment vehicles. The DOJ press release announced charges in four separate and apparently unrelated cases, filed in two different districts: the Southern District of Florida (Miami) and the Central District of California (Los Angeles).

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Tags: cryptocurrency, DOJ, Financial Regulatory Compliance, fraud, GT Insight, National Cryptocurrency Enforcement Team (NCET)
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Photo of Kyle R. Freeny Kyle R. Freeny

Kyle R. Freeny, a skilled trial attorney and former federal prosecutor for the Special Counsel’s Office and the Department of Justice’s Money Laundering and Asset Recovery Section (MLARS), draws on more than a dozen years of high-profile experience in the federal government to

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Kyle R. Freeny, a skilled trial attorney and former federal prosecutor for the Special Counsel’s Office and the Department of Justice’s Money Laundering and Asset Recovery Section (MLARS), draws on more than a dozen years of high-profile experience in the federal government to help clients navigate sensitive government and internal investigations, criminal and civil enforcement matters, and related complex litigation. She has particular experience in matters involving complex financial crime, cross-border investigations, anti-money laundering, anti-corruption, economic sanctions, asset forfeiture, and affirmative challenges to federal agency action.

While at the Department of Justice, Kyle also played a key role in major international money laundering and corruption matters, including important matters involving the Bank Secrecy Act (BSA) and Foreign Corrupt Practices Act (FCPA). Kyle also has considerable experience handling sensitive and complex cross-border issues in transnational financial cases, and she was responsible for the largest civil asset forfeiture recovery in DOJ history.

Kyle uses this deep experience in federal law enforcement to counsel clients facing scrutiny from DOJ, the Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FinCEN), and other law enforcement and financial regulatory agencies. Kyle conducts internal investigations on a range of issues and advises clients on a wide array of anti-money laundering, anti-corruption, and other compliance issues.

Kyle also helps clients develop and litigate challenges to federal regulations, policies, and agency decisions across a range of industries, drawing on her years of prior experience at DOJ representing a cross-section of federal agencies —from the Office of Foreign Assets Control (OFAC) to the Department of Energy to the Department of State and various intelligence agencies—in high-profile litigation. She has appeared before federal trial courts across the country.

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Photo of Benjamin G. Greenberg Benjamin G. Greenberg

Benjamin G. Greenberg is the former U.S. Attorney for the Southern District of Florida. Ben is a seasoned litigator who represents corporations and individuals in criminal and civil government investigations involving the Foreign Corrupt Practices Act (FCPA), health care fraud, SEC matters, financial

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Benjamin G. Greenberg is the former U.S. Attorney for the Southern District of Florida. Ben is a seasoned litigator who represents corporations and individuals in criminal and civil government investigations involving the Foreign Corrupt Practices Act (FCPA), health care fraud, SEC matters, financial institution fraud, money laundering, and the False Claims Act (FCA). Ben’s clients include private equity funds, pharmaceutical and medical device manufacturers, banks, health care providers, and international companies in the technology, financial services, and investment space. Ben also conducts internal corporate investigations and advises clients on a wide array of compliance and regulatory issues. Ben uses his deep government experience and knowledge of international legal matters to help international clients navigate national and local matters involving the Department of Justice, the SEC, foreign governments, and other law enforcement agencies. Ben is also an experienced trial attorney who has tried more than twenty cases to verdict in federal court.

As U.S. Attorney, Ben was the chief federal law enforcement officer for one of the largest and busiest offices in the country, responsible for overseeing more than 200 attorneys and close to 500 employees. In this capacity, Ben worked closely with the Criminal Division and the National Security Division in Washington to supervise high profile and complex cases in South Florida. Ben also traveled abroad to meet with senior law enforcement officials regarding joint investigations and to develop strategies for combating transnational crime.

As U.S. Attorney, Ben oversaw prosecutions under the Foreign Corrupt Practices Act (FCPA) involving the bribery of foreign government officials, securities and financial fraud, a healthcare fraud takedown of 124 defendants responsible for $337 million in false billing, dozens of health care related False Claims Act cases, and national security prosecutions. As a trial attorney, Ben convicted the CEO of a major financial institution for securities fraud, bank fraud, and conspiracy in one of the most noteworthy corporate fraud cases in South Florida history. He also led the extradition and prosecution of Ze’ev Rosenstein in a case of first impression against the leader of one the most dominant Israeli organized crime syndicates.

Prior to law school, Ben was selected as a Rotary Ambassadorial Fellow to study at the Pardes Institute of Jewish Studies in Jerusalem.

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