SEC’s Crypto Enforcement Is ‘Done,’ Former Official Says
Former U.S. Securities and Exchange Commission official John Reed believes that the SEC’s crypto enforcement is essentially over with the new administration.
“Stick a fork in SEC crypto-enforcement, it’s done,” he said on social media.
The agency is no longer prioritizing cryptocurrency-specific enforcement after renaming the “Crypto Assets and Cyber Unit” to Cyber to “Cyber Emerging Technologies Unit” earlier this year.
Laura D’Allaird, the newly appointed chief of the SEC’s Cyber and Emerging Technologies Unit, recently spoke about the changes in the agency’s approach.
D’Allaird has specified that the SEC has put its priorities…
