Here's an article from CNBC on this:
Grewal added that individual retail investors tend to comprise the bulk of victims of crypto-related securities fraud. Cyber threats continue to pose “existential” risks to the U.S. financial system, he added.
Representatives for the SEC did not reply to an email seeking comment on whether the 20 additional hires would completely satisfy the need for a larger staff.
SEC nearly doubles crypto unit staff to crack down on abuses in the booming market https://www.cnbc.com/2022/05/03/sec-adds-to-cryptocurrency-regulation-staff.html https://archive.ph/y8n26 <-- An archive, which can be easier to read
I wonder how many taxpayer dollars are being wasted in @GaryGensler’s personal crusade against the crypto industry?
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