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SEC predicts further crypto charges as enforcement battle continues
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The SEC this week declared that it will continue pursuing potential violations by crypto exchanges and DeFi projects. This statement comes after the agency sued Coinbase and Binance earlier this summer on the grounds of operating unlawfully.
While the agency’s current litigation load is heavy, David Hirsch, head of the crypto assets and cyber unit, asserted that the agency has no plans to stop going after exchanges and DeFi projects it sees as violating securities laws and is actively investigating other firms involved in similar activities to Coinbase and Binance.
“We're going to continue to be active as to intermediaries.
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