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SEC Plans to Hire More Staff in Crypto Enforcement Unit to Fight Frauds

The U.S. Securities and Exchange Commission (SEC) on Tuesday announced that it will expand and rebrand its Cyber Unit to fight against cyber-related threats and protect investors in cryptocurrency markets. To that end, the SEC is renaming the Cyber Unit within theDivision of Enforcementto Crypto Assets and Cyber Unit and plans to infuse 20 additional positions with the goal of investigating