US SEC Announces CETU Unit to Curb Crypto Fraud and Maintain Market Integrity

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The US Securities and Exchange Commission (SEC) has launched the Cyber and Emerging Technologies Unit (CETU) to tackle cybercrimes involving cryptocurrencies and other advanced technologies. This initiative comes on the heels of President Trump’s creation of a task force to regulate the burgeoning crypto sector.

CETU will specifically target illegal activities facilitated by innovations like Artificial Intelligence (AI), Machine Learning (ML), and blockchain technology. Announced on February 20th, this new unit effectively replaces the SEC’s previous “Crypto…” division, signaling a renewed and focused effort to combat illicit activities in the digital asset space. This move highlights the SEC’s commitment to protecting investors and maintaining market integrity in the face of rapidly evolving technological landscapes.

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