ChainCatcher news, according to Jin Shi reports, Manhattan District Attorney Damian Williams announced that he plans to resign on December 13, and will be temporarily replaced by his deputy Edward Kim for other duties.

After Trump was elected President of the United States on November 5, he announced that he would nominate former SEC Chairman Jay Clayton to manage the Manhattan District Attorney's Office. The Southern District of New York is praised for its independent status and has handled many well-known financial fraud cases.

During Williams' term, he completed the prosecution of former cryptocurrency exchange FTX founder SBF and family office founder Bill Hwang of Archegos.