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Morning Edition · Saturday, September 26, 2026Published at 1:50 AM EDT · New York
Hester Peirce leaves the SEC on October 2 after arguing that identity checks should use zero-knowledge proofs
The departing commissioner wants users to satisfy compliance requirements without handing a name, address and passport to every platform they touch.
Hester Peirce, the United States Securities and Exchange Commission (SEC) commissioner who has spent a decade as the agency's most consistent advocate for regulating crypto by rule rather than by enforcement, leaves the Commission on Octobe…
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Compliance Data Becomes the Attack Surface
Mandated identity collection keeps concentrating name-to-address links inside brokers and their banking partners, so each breach permanently deanonymizes holders and sustains a pipeline of phishing and physical attacks, pushing users toward privacy tooling and custodial products.
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