Path to cryptomarket regulation: New SEC Cyber Unit to supervise ICOs and Other DLT violations

in crypto •  7 years ago 

According to coindesk, the SEC will target violations involving distributed ledger technology and initial coin offerings (ICOs) as part of a new effort to fight cybercrime.

The SEC annouced on Monday 23 septembre the launch af a new Cyber Unit to control :

  • misconduct perpetrated using the dark web where cryptocurrencies are used to pay for illicit goods,
  • market manipulation
  • and theft of sensitive information

Two months earlire, in its July 25 investor bulletin, the SEC launched a warning about the ICO market – stating that U.S. securities law may apply to the ICO market and to the digital token sales in general.

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