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) $9,790.16 (-0.06%)
  • Ethereum (ETH) $267.71 (+6.79%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $409.94 (+5.69%)
  • Bitcoin SV (BSV) $315.83 (+16.37%)
  • Bitcoin (BTC) $9,790.16 (-0.06%)
Feb 18, 2020 (Tuesday)
06:46
France-based Lagardère Sports partners with blockchain-based fan engagement platform Chiliz
05:36
Binance launches cloud solution to simplify launching cryptocurrency exchanges
04:52
Crypto Technicals: BTC/USD hovers around 21-EMA (9690), potential 'Golden Cross' limits downside
04:51
Telecom giants jointly test blockchain solution for automating roaming discount agreements
Feb 17, 2020 (Monday)
13:34
Fullerton Markets adds support for cryptocurrency deposits and withdrawals
13:02
Crypto asset custodian Copper raises $8M in Series A round
12:06
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:05
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:58
CFTC sues Colorado resident with fraud in crypto-related Ponzi scheme
11:22
Crypto Technicals: ETH/USD slips below 5-DMA, 'Golden Cross' to limit downside
11:15
Central Bank of The Bahamas to roll out CBDC in H2 2020
10:45
Stellar Development Foundation joins Blockchain Association
10:21
Dubai Multi Commodities Centre to launch blockchain-based sugar trading platform
10:20
Crypto Technicals: BTC/USD holds 21-EMA support, break below could see further weakness
09:22
Binance applied for an operating license in Singapore, CEO confirms
07:23
IOHK establishes new research lab at University of Wyoming
06:53
Chinese forex regulator SAFE’s blockchain cross-border financing pilot continues expansion
05:14
Blockchain social media platform Steemit to migrate to TRON network
Feb 14, 2020 (Friday)
13:11
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:11
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft