The U.S. Justice Department is set to increase its scrutiny of cryptocurrency trading platforms in order to target illicit behavior. The department will be targeting exchanges that engage in criminal activities or allow other criminal actors to profit from their crimes. The DOJ also plans to focus on crimes in the decentralized finance space, particularly relating to chain bridges. The crackdown on the crypto sector has led to more companies leaving the U.S. in search of friendlier jurisdictions, and American policymakers should provide a realistic registration rulebook for centralized exchanges to operate within the country instead of killing innovation with impossible rules.