On May 3, 2022, the US Securities and Exchange Commission (SEC) announced the expansion of its newly styled Crypto Assets and Cyber Unit (Unit) (formerly known as the Cyber Unit),.
Described as the "Wild West" by SEC Chairman Gary Gensler, the meteoric rise of digital assets like cryptocurrencies has disrupted the traditional financial ecosystem. The wave of.
In the first months of 2021, the number of cryptocurrency-related enforcement actions slightly trailed those in early 2020. Gary Gensler was sworn in as the chair of the SEC. Chair Gensler included crypto assets as one of the main areas to which he will direct SEC resources.
The U.S. Securities and Exchange Commission's (SEC) Division of Enforcement (Division) published its Annual Report for Fiscal Year 2021 on Nov. 18, 2021.