SEC Launches Cyber and Tech Fraud Unit

The U.S. Securities and Exchange Commission (SEC) has established the Cyber and Emerging Technologies Unit (CETU) to tackle cyber-related crimes and protect retail investors from emerging technology threats. Replacing the previous Crypto Assets and Cyber Unit, CETU comprises around 30 fraud specialists and is led by Laura D'Allaird. In collaboration with the Crypto Task Force led by Commissioner Hester Peirce, CETU will focus on combating fraud involving artificial intelligence, blockchain, and cryptocurrencies. The unit aims to enforce cybersecurity compliance while facilitating innovation and market efficiency. Acting Chairman Mark Uyeda emphasizes that CETU will root out those misusing technological innovation to harm investors. This move aligns with broader SEC reforms under the Trump administration to position the U.S. as a leader in blockchain innovation.