SEC Nearly Doubles Size of Enforcement’s Crypto Assets and Cyber Unit

Washington D.C., May 3, 2022 — The Securities and Exchange Commission today announced the allocation of 20 additional positions to the unit responsible for protecting investors in crypto markets and from cyber-related threats. The newly renamed Crypto Assets and Cyber Unit (formerly known as the Cyber Unit) in the Division of Enforcement will grow to 50 dedicated positions. "The U.S....

U.S. Secret Service Launches Cryptocurrency Awareness Hub

Washington – The U.S. Secret Service has launched a cryptocurrency public awareness hub featuring a new public service announcement video and information on the security of digital assets and cryptocurrencies. The new website will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how...

BlockFi Agrees to Pay $100 Million in Penalties and Pursue Registration of its Crypto Lending Product

KaratCoin Cryptocurrency
Company also agrees to attempt to bring its business into compliance with the Investment Company Act of 1940 within 60 days FOR IMMEDIATE RELEASE 2022-26 Washington D.C., Feb. 14, 2022 — The Securities and Exchange Commission today charged BlockFi Lending LLC (BlockFi) with failing to register the offers and sales of its retail crypto lending product. In this first-of-its-kind action, the SEC...