On June 22, 2022, Law360 published an article authored by Partners Joanna Wasick and Teresa Goody Guillén and Associate Veronica Reynolds titled “SEC Crypto Unit Expansion Is A Warning To Industry.” The article discussed a plan by the Securities and Exchange Commission, announced May 3, to expand its Crypto Assets and Cyber Unit by adding 20 new positions. According to the article, this increase shows that the SEC is “intently focused on crypto-related enforcement for both prior and future conduct and will leverage more resources to investigate cryptocurrency businesses.”
Read the article.