DeFi critic Dan Berkovitz to step down as SEC general counsel

General Counsel SEC Dan Berkovitz will step down on January 31, 2023. This is говорится on the agency’s website.

His replacement will be Megan Barbero. She is currently Berkovitz’s first deputy.

“After 34 years in public service, it is time to take on new and diverse tasks and opportunities,” the official said.

joined the SEC on November 1, 2021. Before that, he served as a commissioner of CFTC and was critical of the decentralized finance sector.

According to the Washington Examiner, before his appointment to the new post Berkovitz met with FTX founder Sam Bankman-Fried (SBF). On October 5, 2021, they allegedly dined at Rasika West End in Washington.

On December 12, 2022, Bahamian authorities arrested Bankman-Fried at the request of the U.S. government. As part of the investigation into the FTX collapse, American prosecutors filed eight criminal charges against him.

On December 13, lawsuits were filed by the SEC and the CFTC against SBF.

Earlier in the month, The Block’s CEO Michael Makkeferi tendered his resignation due to undisclosed loans for a news outlet from Alameda Research affiliated with Bankman-Fried.

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