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SEC Replaces Crypto Unit With Team to Probe ‘Cyber-Related Misconduct’

  • The Securities and Exchange Commission (SEC) has announced the creation of the Cyber and Emerging Technologies Unit (CETU).
  • The CETU replaces the Crypto Assets and Cyber Unit and will focus on protecting investors against cyber-related misconduct.
  • The unit will address fraud involving emerging technologies, hacking, cryptocurrency assets, and cybersecurity compliance.
  • The creation of CETU reflects the SEC's commitment to safeguarding investors and fostering innovation.

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