Crypto assets are causing “a lot of risk and harm to investors” and institutional investors should be careful about acting as statutory underwriters, said David Hirsch, chief of the SEC Crypto Assets and Cyber Unit, Division of Enforcement. Hirsch discussed SEC enforcement actions against crypto exchanges, celebrity touters, and NFT issuers, among other topics, in a Q&A session at the Securities Enforcement Forum Central 2023 conference on September 19.
The Q&A was conducted by A. Kristina Littman, partner at Willkie Farr & Gallagher. The conference was organized by Securities Docket.
Source: SEC crypto enforcement chief David Hirsch outlines next possible areas of SEC crypto focus
