State Regulators Reveal Operation Cryptosweep

More than 40 North American state and provincial regulators have revealed they are working in a coordinated crackdown on fraudulent crypto projects; Operation Cryptosweep started on May 1st and thus far has resulted in about 70 enforcement actions per reporting in Crowfund Insider; the operation is being led by the North American Securities Administrators Association (NASAA) who represents state and provincial regulators; the sweep is meant to catch fraud and raise public awareness about the issue as retail investors can risk losing significant capital. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.