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SEC Maintains Focus on Cryptocurrency Enforcement under Chair Gensler

From cornerstone.com

Under the new administration, the Securities and Exchange Commission has continued its role as one of the main regulators in the cryptocurrency space, bringing 20 enforcement actions against digital asset market participants in 2021, according to a Cornerstone Research report released today. The report, SEC Cryptocurrency Enforcement: 2021 Update, found that the SEC brought 14 litigation actions in U.S. federal courts and six administrative proceedings in 2021. Of the 20 total enforcement actions, 70% were related to initial coin offerings (ICOs). The SEC also issued four delinquent filing orders, brought two ... (full story)

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