Gurbir Grewal has resigned from the SEC after three years at the regulator and over 100 crypto-related enforcement actions.
According to a U.S. Securities and Exchange Commission statement, Gurbir Grewal, the agency’s director of enforcement, will retire from the federal regulator on Oct. 11.
Grewal led the watchdog to more than $20 billion in civil penalties and over 2,400 litigations. At least 100 of those cases involved suing crypto businesses, digital asset operators, and virtual currency purveyors for allegedly breaking federal securities laws.