Chairman Carper Highlights SEC Advisory on Virtual Currencies

WASHINGTON- Today, Senator Tom Carper (D-Del), Chairman of the Homeland Security and Governmental Affairs Committee, highlighted a recent advisory issued by the Security and Exchange Commission (SEC). The advisory warns that virtual currencies may be at higher risk of fraud by unsavory actors. The full alert can be found here.

“I was pleased to see that the Securities and Exchange Commission issued an alert advising investors of the potential risks of Bitcoin and other virtual currencies,” said Chairman Carper. “It’s the job of the SEC to stay ahead of the curve and help investors make informed investment decisions, and today’s alert is an important part of their ongoing effort to advise and protect consumers. I hope the SEC will continue their work as virtual currencies are likely used more frequently.”