New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis

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New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis

The U.S. Securities and Exchange Commission unit tasked with chasing bad guys in the crypto space will be smaller and called something significantly different, the agency said Thursday, further cementing its trend away from an aggressive enforcement stance against the industry.In three years, the same internal group has transitioned from the "Cyber Unit" to the "Crypto Assets and Cyber Unit" and now to the "Cyber and Emerging Technologies Unit,"…

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SEC Replaces Crypto Enforcement Team with Smaller ‘Cyber’ Unit

The US Securities and Exchange Commission is replacing its enforcement unit devoted to misconduct in the cryptocurrency markets, the latest sign of the regulator’s more friendly approach to digital assets.

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SEC Launches Cyber Unit to Combat Cryptocurrency Fraud

The SEC has announced the launch of its new Cyber and Emerging Technologies Unit (CETU) to combat cryptocurrency fraud

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Leadership: Under the leadership of Laura D-Allaird, CETU brings together 30 fraud specialists and lawyers from various SEC offices.Focus areas: Targets fraud related to AI, blockchain, social media fraud and darknet activities in crypto and emerging technologies.Objective: Improving market efficiency, curbing misconduct and restoring confidence in innovative technologies.Crypto fraud: SEC's grim step against digital fraudThe newly established C…

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SEC Replaces Crypto Unit With Team to Probe ‘Cyber-Related Misconduct’

The Securities and Exchange Commission has created a unit to protect retail investors against fraud. The Cyber and Emerging Technologies Unit (CETU), announced by the commission (SEC) on Thursday (Feb. 20), replaces the regulator’s Crypto Assets and Cyber Unit, and will be staffed by approximately 30 fraud specialists and attorneys from multiple SEC offices. That’s compared to the roughly 50 people in the Crypto Assets and Cyber Unit. Heading th…

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MADRID, 20 (EUROPA PRESS) The U.S. Stock Exchange and Securities Commission (SEC) announced this Thursday the creation of a division responsible for combating cyber fraud and protecting retail investors, called the Cyber and Emerging Technologies Unit (CETU), which will replace the Cybernetics and Cryptoactives Unit. Thus, this team [...] La entrada La SEC replaces the unit that was fighting crypto scams with a general cyber surveillance figure …