Facebook Twitter Instagram
    Button
    Simplefxonline.com
    Facebook Twitter Instagram
    • Home
    • Crypto

      149,961 Bitcoin Addresses Hold at Least 10 BTC

      August 19, 2022

      Bitcoin Price Short-Term Upswing In Peril As Bulls’ Aggression Dies Down

      August 19, 2022

      Ripple partners with Travelex to launch enterprise crypto payment service in Brazil

      August 19, 2022

      Coinbase Raises Alarm on ‘Pig Butchering’ Crypto Investment Scams

      August 19, 2022

      Bitcoin Price Showing Early Signs of Fresh Downtrend, But $22.5K Is The Key

      August 19, 2022
    • Blockchain

      Why Shares of Coinbase, Marathon Digital Holdings, and HIVE Blockchain Technologies Are Falling Today

      August 19, 2022

      India: 5G deployment to accelerate blockchain technology adoption, expert says

      August 19, 2022

      Why L2s Could Finally Make AAA Games Go To The Blockchain

      August 18, 2022

      How Is Web3 Transforming The Real Estate Industry Through Blockchain?

      August 17, 2022

      How Blocks Are Added to a Blockchain, Explained Simply – CoinDesk

      August 16, 2022
    • Trading

      How Does Automated Crypto Trading Work? – CryptoMode

      August 19, 2022

      Bitcoin Sinks Below $23K; South Korea’s Bumpy Crypto Path Forward

      August 19, 2022

      Crypto.com laid off 260 employees — then quietly let go of hundreds more

      August 18, 2022

      Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets – Bitcoin News

      August 17, 2022

      Memecoins Shiba Inu, Dogecoin See Most Turnover After Bitcoin, Ethereum On OKX Spot Trading

      August 16, 2022
    • Metaverse

      Metaverse concerts are getting the red carpet treatment thanks to a new category for this year’s MTV Video Music Awards

      August 19, 2022

      It’s Here, So Let’s Get To Work On The Metaverse

      August 19, 2022

      Mark Zuckerberg’s metaverse is getting stale and boring

      August 18, 2022

      Distance-learning high school holds classes in the metaverse

      August 17, 2022

      Dubai Furthers Its Major Investment in the Metaverse

      August 16, 2022
    • NFT

      VINU Network Accelerates NFT Business With COINUP

      August 19, 2022

      Showbiz, Gaming Execs Try to Find New NFT Uses

      August 19, 2022

      Oklahoma City Zoo selling world’s first NFT designed by orangutan

      August 18, 2022

      5 Top NFT Questions Attys Want IP Agencies To Explore

      August 17, 2022

      BYU launches potential $20 million NIL partnership, bringing NFTs into the name, image and likeness arms race

      August 16, 2022
    • More
      1. Analysis
      2. Regulations
      3. Mining
      4. Forum
      5. View All

      Loopring Price Prediction: The Bears Are Still Dominant – InvestingCube

      August 19, 2022

      LINK Fails To Breakout Once Again

      August 19, 2022

      Bitcoin retreats after hawkish FOMC minutes – Cryptocurrency News

      August 18, 2022

      Report: $1.9 billion stolen in crypto hacks so far this year

      August 17, 2022

      OFAC Around and Find Out

      August 19, 2022

      Accounting For Bitcoin Digital Assets – Bitcoin Magazine

      August 19, 2022

      Korean financial watchdog to block tens of unregistered exchange websites

      August 18, 2022

      First, do no harm protecting your investments in a volatile crypto winter

      August 17, 2022

      Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News

      August 19, 2022

      Cryptocurrency’s kryptonite –

      August 17, 2022

      Ethereum PoW Proponents Continue Pushing ‘Inevitable’ Hard Fork Agenda

      August 16, 2022

      Iran Reminds Citizens of Crypto Ban After Using Crypto for a $10M Import Order – 24/7 Wall St.

      August 16, 2022

      149,961 Bitcoin Addresses Hold at Least 10 BTC

      August 19, 2022

      Bitcoin Price Short-Term Upswing In Peril As Bulls’ Aggression Dies Down

      August 19, 2022

      Why Shares of Coinbase, Marathon Digital Holdings, and HIVE Blockchain Technologies Are Falling Today

      August 19, 2022

      How Does Automated Crypto Trading Work? – CryptoMode

      August 19, 2022
    Simplefxonline.com
    Home»Trading»SEC Expands Crypto and Cyber Enforcement Staff
    shutterstock_239458390_cyber_security_-5bfc44fd46e0fb005181c74e.jpg
    Trading

    SEC Expands Crypto and Cyber Enforcement Staff

    SimplefxonlineBy SimplefxonlineMay 4, 2022No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The US Securities and Exchange Commission (SEC) We are adding 20 additional staff positions to the unit responsible for protecting our investors. Cryptocurrency From the market cyber-Related threats. As announced on May 3, 2022, the newly renamed Crypto Assets and Cyber ​​Unit (formerly Cyber ​​Unit) of the Executive Department has increased from 30 to 50 full-time positions. Supervisors, investigative staff lawyers, court advisors, and fraudulent analysts at both the Washington, DC headquarters and several regional offices.

    Gurbir S. Grewal, Director of Executives at the SEC, said: Private investor Take the brunt of abuse in this space. Meanwhile, cyber-related threats continue to pose risks to financial markets and participants. “

    Similarly, SEC Chairman Gary Gensler said, “As more investors access the crypto market, it is becoming increasingly important to allocate more resources to protect them.” ..

    Important point

    • The SEC is expanding its staff dedicated to protecting investors from crypto-related fraud and cyber threats.
    • The newly renamed CryptoAssets and Cyber ​​Unit will grow from 30 to 50 positions.
    • Founded in 2017, the unit has provided more than 80 enforcement measures and more than $ 2 billion in financial relief.

    Focus of crypto assets and cyber units

    Since its inception in 2017, what is now called the Crypto Assets and Cyber ​​Unit has resulted in the provision of fraudulent and unregistered crypto assets and more than 80 platform-related enforcement measures, totaling more than $ 2 billion. Brought financial relief. Going forward, the expanded unit will focus on investigating securities law violations related to:

    In addition, the unit has filed numerous proceedings against SEC registrants. Public company Failure to maintain proper cybersecurity management and failure to properly disclose cyber-related risks and incidents. The unit will continue to take appropriate action to mitigate the large and growing cyber-related threats to the US market.

    Previous SEC statements on cryptography and cybersecurity

    In a speech on April 4, 2022, SEC Chair Gary Gensler stated his belief that cryptocurrency trading and lending platforms should be registered and regulated as before. Stock exchangeAnd he showed that the SEC is working on this initiative.

    On March 30, 2022, the SEC’s review department announced that cryptocurrencies and information security will be key areas of unique focus in 2022.

    On March 9, 2022, the SEC proposed to wipe out new mandatory corporate disclosures related to cybersecurity issues.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Simplefxonline
    • Website

    Related Posts

    How Does Automated Crypto Trading Work? – CryptoMode

    August 19, 2022

    Bitcoin Sinks Below $23K; South Korea’s Bumpy Crypto Path Forward

    August 19, 2022

    Crypto.com laid off 260 employees — then quietly let go of hundreds more

    August 18, 2022

    Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets – Bitcoin News

    August 17, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts

    • 149,961 Bitcoin Addresses Hold at Least 10 BTC
    • Bitcoin Price Short-Term Upswing In Peril As Bulls’ Aggression Dies Down
    • Why Shares of Coinbase, Marathon Digital Holdings, and HIVE Blockchain Technologies Are Falling Today
    • How Does Automated Crypto Trading Work? – CryptoMode
    • Metaverse concerts are getting the red carpet treatment thanks to a new category for this year’s MTV Video Music Awards

    Recent Comments

    1. A WordPress Commenter on Hello world!

    Type above and press Enter to search. Press Esc to cancel.