SEC Cyber Unit Ends Crypto Focus

SEC Restructures Crypto Enforcement Unit

• The SEC’s unit is now called the “Cyber and Emerging Technologies Unit.”
• The unit will consist of approximately 30 fraud specialists and attorneys.
• Previously, the unit was expanded to nearly 50 members under Gary Gensler in 2022.
• Acting Chairman Mark Uyeda announced Laura D’Allaird as the head of the new unit.
• The unit will focus on fraud involving blockchain, AI misuse, and cybersecurity issues.

The SEC has renamed its enforcement group to “Cyber and Emerging Technologies Unit,” reducing its size from nearly 50 members to about 30 specialists. This change marks a shift in focus under Acting Chairman Mark Uyeda, with Laura D’Allaird leading the new team.