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Crypto Politics Heats Up In Advance of the Midterm Elections

The Breakdown

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Crypto Asset Enforcement - Is the S C a Regulator?

The SEC is adding 20 new hires for their crypto assets and ciber unit within their enforcement division. Since the formation of this unit in 20 17, it has brought more than 80 enforcement tions resulting in monetary relief of more than two billion dollars. Some are reading this as being less about fraud and scams and more just the s c going after what they consider unregistered securities. It's focused on protecting investors from everything that the s c views as currently unregistered securities or securities platforms a everything in crypto.

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