The U.S. Securities and Exchange Commission (SEC) has just unleashed a new, shiny toy in their ongoing effort to wrestle the slippery snake that is modern technology fraud 🐍. Meet the Cyber and Emerging Technologies Unit (CETU), which sounds like a fancy gadget Q gave James Bond but is actually the SEC’s latest anti-fraud squad.
CETU is the reboot/sequel to the Crypto Assets and Cyber Unit. Think Cyber Unit 2.0, but with at least 30 lawyers and fraud specialists—totally a cast large enough for Netflix to greenlight a drama series. 🍿
Leading this squadron of justice is Laura D’Allaird, whom I can only assume wears a cape while sipping coffee labeled “Crypto Kryptonite.” She’ll be working hand-in-hand with the SEC’s Crypto Task Force (their name sounds tougher than it probably is), lovingly overseen by “CryptoMom” Hester Peirce. I mean, Mom knows best, right? 👩⚖️
Oh, and what about Mark Sylvester, D’Allaird’s bromance buddy from the former Crypto Assets and Cyber Unit? The agency was suspiciously silent on his whereabouts. Maybe he’s still trying to remember his Coinbase password. 🤷♂️
“The unit will not only protect investors but will also facilitate capital formation and market efficiency by clearing the way for innovation to grow. It will root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies.”
— Mark Uyeda, acting SEC chair (and apparently our hero!)
But wait, there’s more drama! This is all part of the SEC’s ongoing makeover, as it pivots from its anti-crypto past to a cautiously optimistic pro-crypto present. Like a teenager discovering their first whitepaper on blockchain, the SEC seems to be channeling “cool dad” energy lately. 😎
Ever since former SEC Chair Gary Gensler hung up his anti-crypto hat and acting chair Mark Uyeda took over, things have been…interesting. The agency has made nice with Ethereum staking (way to bond over gas fees), relocated their top crypto prosecutor, and even kissed and made up with Binance and Coinbase. Are we still in the same universe, or did I just step into a multiverse-friendly SEC? 🌀
Don’t get too cozy yet, though. While there’s talk of scaling back enforcement actions and giving clearer regulatory guidelines, this could just be the calm before another crypto regulation storm. Or, as I like to call it, “The SEC Strikes Back.” 🌩️
Read More
- We’re Terrible At Organizing Things.’ Tom Holland Reveals The Sweet Holiday Scheme He And Zendaya Are Going To Try Next Year
- Path of Exile 2: How To Find & Unlock the Realmgate
- Cookie Run Kingdom: Shadow Milk Cookie Toppings and Beascuits guide
- NewsNation Taps Leland Vittert to Replace Dan Abrams
- Girls Frontline 2 Exilium tier list
- Million-Dollar Crypto Scandal: Abra Pays Up in SEC Settlement
- Chanel Showcases Apichatpong Weerasethakul’s Immersive Exploration of Memory and Light
- Joel McHale Joined Scream 7 And His Role Destroys A Popular Fan Theory
- Yarrow Slaps’ Distorted Celebrity Portraits Take Center Stage in New Video Game-Inspired Show
- Major League Soccer Will Move Studio Shows to WWE Headquarters in Expanded Deal with IMG
2025-02-20 19:53