🪓 USA🇺🇸: New Unit Established to Combat AI and Cryptocurrency Fraud

🪓 USA🇺🇸: New Unit Established to Combat AI and Cryptocurrency Fraud

The Securities and Exchange
Commission (SEC) has launched a new unit specializing in cybersecurity and emerging technologies to protect retail investors.

💙 The unit, named CETU, will consist of technology experts and lawyers specializing in fraud.

💙 Primary objective: to ensure that financial innovation is not exploited for illicit activities while promoting a safer and more efficient market.

💙 Key areas of focus: the SEC will pay particular attention to social media and the dark web, aiming to identify fake websites, hacking attacks, and blockchain and cryptoasset frauds.

💙 Additionally, it will oversee the compliance with cybersecurity standards by regulated entities.

#news #USA #crypto

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