Is the SEC hitting back at Crypto crime?

With almost 100 enforcement actions, the SEC is hitting back at crypto crime. It's hardly surprising that the recent boom in cryptocurrencies has spurred an increase in crypto crime. The Securities and Exchange Commission (SEC), one of the bodies that regulates cryptocurrencies, pursued more crypto cases than ever last year.

Is a defendant guilty in an insider trading case?

For the first time ever, a defendant has admitted his guilt in an insider trading case involving the cryptocurrency markets.

Who is in charge of the Securities and Commodities Fraud task force?

This case is being handled by the Office’s Securities and Commodities Fraud Task Force. Assistant United States Attorneys Noah Solowiejczyk and Nicolas Roos are in charge of the prosecution.

What is a crypto Ponzi scheme?

Ponzi schemes: The commission has also warned about cryptocurrency Ponzi schemes. In fact, one of its first crypto cases was a Bitcoin Ponzi scheme. In a Ponzi scheme, an individual uses money from new investors to pay returns to existing ones.