CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Bitcoinist 2025-02-21 05:05:52

US SEC Launches New Unit To Protect Investors From Crypto And AI Fraud

The US Securities and Exchange Commission (SEC) announced on Monday the establishment of the Cyber and Emerging Technologies Unit (CETU), aimed to combat misconduct in the crypto and artificial intelligence (AI) sectors. SEC’s Strategic Move To Combat Cyber Misconduct According to an official release from the SEC, the CETU will replace the previous Crypto Assets and Cyber Unit and will be led by Laura D’Allaird. The unit will consist of approximately 30 specialized attorneys and fraud experts drawn from various SEC offices, bringing a wealth of experience in fintech and cybersecurity to the forefront of regulatory efforts . Acting SEC Chairman Mark T. Uyeda emphasized the importance of this new unit, stating that it will complement the work of the Crypto Task Force led by Commissioner Hester Peirce. Chair Uyeda noted that the CETU’s mission is not only to protect investors but also to promote capital formation and market efficiency, thereby fostering an environment conducive to innovation. The CETU will focus on a variety of priority areas concerning cyber-related misconduct. This includes addressing fraudulent activities that utilize advanced technologies such as AI and machine learning , as well as investigating schemes that employ social media platforms, the dark web, or deceptive websites. The unit will also target hacking incidents aimed at acquiring material nonpublic information and will combat unauthorized access and manipulation of retail brokerage accounts. Additionally, the CETU will investigate fraudulent practices involving blockchain technology and crypto assets while ensuring that regulated entities adhere to existing cybersecurity rules and monitoring public issuers for misleading cybersecurity disclosures. Steps To Enhance Crypto Oversight This initiative follows the SEC’s earlier establishment of the crypto task force on January 21, 2025. Under the leadership of Commissioner Hester Peirce, the Task Force aims to create a comprehensive regulatory framework for crypto assets, signaling a proactive approach by the SEC to engage more meaningfully with the sector. Commissioner Peirce has noted that the success of the Task Force hinges on collaboration with a diverse range of stakeholders, including investors, industry participants, and academics. She urged members of the crypto community to actively participate in discussions and provide input through various channels, such as public comments and roundtables. The SEC’s dual approach, combining the efforts of the newly formed CETU and the crypto task force, marks a pivotal shift in regulatory oversight under the new President Donald Trump administration, which aims to clarify regulatory boundaries, establish feasible registration paths, and ensure sensible disclosure frameworks. Featured image from DALL-E, chart from TradingView.com

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen