US SEC to levy $4.68 billion in cryptocurrency fines through 2024
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Odaily Odaily News: The U.S. Securities and Exchange Commission (SEC) levied $4.68 billion in cryptocurrency fines in 2024, an increase of 3,018% over the previous year. Fines include various economic penalties, such as forfeiture, recovery of illegal gains, civil penalties, settlements, and pre-judgment interest. According to statistics, the U.S. SEC took 11 enforcement actions in 2024, compared with 30 in 2023. Judging from the trend of previous years, the average fine in 2018 was $3.39 million, which rose to an average of $426 million in 2024, an increase of 12,466.37%. (BeInCrypto)
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