SEC Crypto Crackdown: $4.7 Billion in Enforcement Actions This Year

The U.S. Securities and Exchange Commission (SEC) has ramped up its enforcement efforts against crypto firms in 2024, collecting $4.7 billion in fines—a massive 3,018% increase from the previous year. This year’s hefty total was largely driven by the landmark settlement with Terraform Labs, the company behind the Terra ecosystem collapse and the UST stablecoin The post SEC Crypto Crackdown: $4.7 Billion in Enforcement Actions This Year appeared first on Coin Edition .