SEC has allocated 20 additional positions to protect investors in cryptocurrency markets from cyber-related threats. The newly named Crypto Assets and Cyber Unit aims to ensure investors are protected in the cryptocurrency markets. The unit was first launched in 2017 and has brought more than 80 enforcement actions related to fraudulent and unregistered crypto-asset offerings and platforms, the SEC says. Between 2020 and 2021, cryptocurrency theft rose 516% to $3.2 billion, according to a report by the Federal Trade Commission.”]
Source: https://www.cuinfosecurity.com/sec-doubles-cyber-unit-staff-to-protect-crypto-users-a-19016