Danielle Sassoon, the acting US Attorney for the Southern District of New York, has resigned after being directed by a federal Justice Department official to halt a corruption case against NYC Mayor Eric Adams. Sassoon, involved in cases linked to the cryptocurrency sector, reportedly stepped down following the intervention from Emil Bove, deputy Attorney General and one of Trump’s attorneys. This order came amidst ongoing scrutiny around Adams, who faces allegations of accepting illegal donations from the Turkish government in exchange for political favors, including facilitating the opening of a new consulate in NYC. Adams, who has been a prominent figure in the crypto industry, pledging to accept his paychecks in Bitcoin, has claimed that he is being targeted politically due to his stance on immigration policies. At this time, it remains unclear who will succeed Sassoon as acting US Attorney. The situation has raised questions regarding political interference in federal investigations and has implications for cryptocurrencies, given Adams' previous connections to the industry.

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