SEC director says “nothing has changed” for enforcement even as the crypto industry rumbles

As the U.S. Securities and Exchange Commission continues to scrutinize the crypto industry, the agency’s director of enforcement, Gurbir Grewal, says the regulator is not concerned with labels or technology, but whether securities are being sold in a format that adheres to existing laws.
During an interview at an event hosted by Rutgers University’s School of Law and law firm Lowenstein Sandler last Friday, Grewal said the SEC is “concerned with the offerings” in crypto markets.
“When we look underneath the hood, when we kick the tires, we’ve seen plenty of DeFi products [and] DeFi offe

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