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SEC bags $8.2B in fines in 2024, over half from Terraform

CoinGeek LogoCoinGeek5d ago

SEC bags $8.2B in fines in 2024, over half from Terraform - CoinGeek

Quick Summary:

The $8.2 billion penalties and fines bagged by the SEC consisted of $6.1 billion in disgorgement and prejudgment interest and $2.1 billion in civil penalties.The post SEC bags $8.2B in fines in 2024, over half from Terraform appeared first on CoinGeek.

Despite these impressive hauls, the SEC stated that the 583 enforcement actions represent a 26% decline in total enforcement actions compared to fiscal year 2023.

One of the top candidates to step into Gensler’s substantial shoes is SEC Commissioner Hester Peirce, popularly known as “Crypto Mom.


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Article Details

Author / Journalist: James Field

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 12:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 933 words

Reading Time: 6 minutes read

Sentences: 34 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 24073572

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Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 17 hours ago

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Publisher ID: #82

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