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