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

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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.

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Article Details

Author / Journalist: Anisha Pandey

Category: Crypto

Markets: India

Topics: News Market Crypto Regulation Market News SEC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 13:00:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 141 words

Reading Time: 1 minutes read

Sentences: 43 lines

Sentence Length: 4 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 22448860

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Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 11 posts per day

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Headquarters: India

News Last Updated: 9 hours ago

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