SEC Will Nearly Double Its Crypto Asset and Cyber Unit in New Hiring Spree

SEC Will Nearly Double Its Crypto Asset and Cyber Unit in New Hiring Spree


The U.S. Securities and Exchange Commission (SEC) is hiring 20 more employees for the newly renamed Crypto Assets and Cyber Unit, formerly known as the Cyber Unit.

On Tuesday, SEC chair Gary Gensler said in an official announcement that the new hires will help protect investor interest in the emerging crypto markets.

“The US has the greatest capital markets because investors have faith in them, and as more investors access the crypto markets, it is increasingly important to dedicate more resources to protecting them.

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The Division of Enforcement’s Crypto Assets and Cyber Unit has successfully brought dozens of cases against those seeking to take advantage of investors in crypto markets. By nearly doubling the size of this key unit, the SEC will be better equipped to police

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