Copy link
Increase text size
Decrease text size
Link copied

Kristina Littman to lead SEC’s cyber unit to clamp down on crypto and cyber-related trading violations

Image: Scott S/Flickr

Tue, 03 Dec 2019, 11:12 am UTC

The United States Securities and Exchange Commission (SEC) has announced Kristina Littman as the new head of its cyber unit.

Littman takes over the helm from Robert A. Cohen, who was the cyber division’s first chief since its inception in 2017 and served as Co-Chief of the Market Abuse Unit. Cohen left the SEC in August this year and joined Davis Polk as a partner in the Litigation Department.

The cyber unit focuses on violations involving digital assets and cryptocurrency, cyber-related trading violations such as hacking to obtain material nonpublic information, and cybersecurity disclosures and procedures at public companies and financial institutions.

Littman joined the SEC as a staff attorney back in 2010 and has led a number of significant enforcement investigations and litigations. Most recently, she served as Senior Advisor to SEC Chairman Jay Clayton and has advised on regulatory and policy matters relating to cryptocurrencies and digital assets, international affairs, trading and markets, and investment management.

“Kristy’s innovative thinking and extensive experience within the Commission have made her an invaluable advisor and, most importantly, a tireless defender of America’s investors,” said Chairman Clayton. “She will be an excellent leader for the Cyber Unit as it continues its work in this critical and continually evolving area.”

CoinDesk reported that as a successor to Cohen, Littman will take over the agency’s ongoing crypto lawsuits. This includes the one against Kik Interactive for carrying out an alleged unregistered $100 million securities offering. The SEC is also fighting a similar lawsuit against Telegram over its gram token.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $11,805.90 (+1.68%)
  • Ethereum (ETH) $427.75 (+8.71%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Chainlink (LINK) $17.23 (+4.34%)
  • Bitcoin Cash (BCH) $297.10 (+3.47%)
  • Bitcoin (BTC) $11,805.90 (+1.68%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft