Damian Williams, the United States Attorney for the Southern District of New York, has announced his resignation, effective December 13, 2024. Williams, the youngest and first Black person in this important position, took office in 2021. Important cases, such as the prosecution of former FTX CEO Sam Bankman-Fried, have distinguished his tenure and drawn considerable attention to the office’s handling of cryptocurrency-related matters.
Following his departure, Deputy US Attorney Edward Y. Kim will serve as Acting US Attorney. The Senate will confirm former SEC Chairman Jay Clayton, President-elect Donald Trump’s nominee, before this transition takes place.
Williams’ retirement marks a change in leadership at a time when the Southern District of New York has played a key role in high-profile financial and cryptocurrency charges. The office’s stance on future crypto enforcement may shift with Clayton’s appointment, since some officials have hinted at reducing crypto-related prosecutions.
Williams reminisced on his time in the office, calling it a pleasure to serve and expressing confidence in the agency’s continued success. His resignation marks the end of a significant chapter for the district, raising concerns about the course of future prosecutions under the new leadership.
