Hester Peirce Knocks SEC’s Plans to Add to Crypto Enforcement Staff

Earlier on Tuesday, the SEC announced plans to increase the headcount in its newly named Crypto Assets and Cyber Unit, which was previously known as the Cyber Unit, to 50 from the current 30. The agency described that unit – which resides in the Division of Enforcement – as being responsible for “protecting investors in crypto markets and from cyber-related threats.”