Crypto Fraud Penalties Propel SEC’s 2024 Enforcement to $8.2 Billion
The US Securities and Exchange Commission (SEC) achieved $8.2 billion in financial remedies during its 2024 fiscal year, marking a significant milestone despite fewer enforcement actions. The agency reported that it filed 583 cases this year, reflecting a 26% decrease compared to 2023. However, substantial financial penalties, particularly from high-profile cases like Terraform, drove remedies…