According to Jake Chervinsky, the DOJ clarified in an April 7 memo that it is not a digital assets regulator, which should have influenced the Roman Storm case. However, the Southern District of New York has not aligned with this stance, continuing legal actions. This situation highlights ongoing regulatory challenges in the crypto market, potentially affecting trading sentiment and compliance strategies.

According to PeckShieldAlert, the Southern District of New York (SDNY) and Homeland Security Investigations San Diego (@HSISanDiego) have seized approximately $31 million in cryptocurrencies. This seizure is linked to the April 2021 hack of Uranium Finance on the BNB Chain, which originally resulted in a $50 million loss. This development highlights ongoing recovery efforts in the cryptocurrency sector and could impact the trading dynamics of assets connected to Uranium Finance.