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On May 3, the U.S. Securities and Exchange Commission (SEC) announced the expansion of its Crypto Assets and Cyber Unit (the Unit f/k/a the Cyber Unit) to 50 staff members, nearly double the Unit’s former size, including supervisors, investigative staff attorneys, trial counsel and fraud analysts. The Unit is a group within the Division of Enforcement. It was created in 2017 to target cyber-related misconduct and establish a retail strategy task force that develops initiatives to identify misconduct that impacts retail investors.

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<a href="https://www.bakerlaw.com/SEC-Signals-Ramp-Up-in-Crypto-Enforcement-by-Nearly-Doubling-Its-Crypto-Assets-Cyber-Unit-Staff">Read the full alert.</a>

New York

Partner

Joanna F. Wasick

Adam D. Gale

John J. Carney

SEC Signals Ramp-Up in Crypto Enforcement by Nearly Doubling Its Crypto Assets Cyber Unit Staff