During a hearing Tuesday, SEC Director of Enforcement Gurbir Grewal told the House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets – which oversees the SEC’s enforcement efforts – there have been so many more enforcement actions against crypto companies they are straining the regulator’s nascent crypto unit.

In May, the SEC nearly doubled the size of its Crypto Assets and Cyber Unit to 50 employees, adding 20 new positions including attorneys, investigators and fraud analysts to its Washington, D.C., headquarters. But as the agency continues to ramp up its efforts to police the crypto industry – and the industry is hit with a wave of high-profile bankruptcies – Grewal says he needs more staff.

“I could always use more resources but we’re making the best with the additional 20 slots and then we’re hopeful to get the 125 additional slots we’ve asked for,” Grewal said.