The new Cyber Technologies Unit (CETU) has taken over from the traditional division dealing with crypto assets and cybersecurity. It comprises about 30 specialists focused on investigating cyber fraud, hacking attacks, account thefts, and the illegal use of cutting-edge technologies. According to acting SEC Chair Mark Wetjen, CETU will not only protect investors but also facilitate the development of financial markets by cleansing them of wrongdoers. The new head of the unit is Laura Dallard, who previously served as co-head of the digital assets department. In addition, the SEC launched the Crypto Task Force, which is responsible for developing a new regulatory strategy for digital assets called 'Crypto 2.0.'
During Gary Gensler's tenure, the SEC actively fought against fraudsters in the crypto industry; however, the Donald Trump administration plans to change the approach by reducing government pressure on this sector. He has repeatedly emphasized the need to end the 'government persecution of cryptocurrencies.' At the same time, fraudulent schemes in the digital asset space remain a pressing issue: the SEC has already investigated dozens of cases of abuse, including money laundering through artificial intelligence and the darknet. Now the regulator plans to change its tactics, expanding its focus from cryptocurrency fraud to a larger global threat to the digital economy. Despite the possibility that this may ease the operations of crypto companies, analysts warn of a potential increase in cyber fraud and abuses in blockchain technology.