The regulator’s crypto enforcer made broad assertions that the SEC has more in store for the crypto industry. Still, David Hirsch acknowledged that the agency’s current litigation load is heavy, and the SEC can’t go after everything.
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit.
His enforcement office, which has been litigating at a very unusual pace for the SEC, is aware of and
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