Scan to download
BTC $61,063.57 -2.73%
ETH $1,578.57 -5.90%
BNB $580.45 -2.19%
XRP $1.10 -2.86%
SOL $63.18 -4.58%
TRX $0.3202 -1.72%
DOGE $0.0820 -2.61%
ADA $0.1583 -3.17%
BCH $223.63 -1.28%
LINK $7.43 -2.69%
HYPE $60.14 -2.48%
AAVE $62.08 -9.25%
SUI $0.7116 +0.21%
XLM $0.2011 +4.71%
ZEC $374.64 +12.05%
BTC $61,063.57 -2.73%
ETH $1,578.57 -5.90%
BNB $580.45 -2.19%
XRP $1.10 -2.86%
SOL $63.18 -4.58%
TRX $0.3202 -1.72%
DOGE $0.0820 -2.61%
ADA $0.1583 -3.17%
BCH $223.63 -1.28%
LINK $7.43 -2.69%
HYPE $60.14 -2.48%
AAVE $62.08 -9.25%
SUI $0.7116 +0.21%
XLM $0.2011 +4.71%
ZEC $374.64 +12.05%

The SEC initiated 784 enforcement actions in fiscal year 2023, with fines totaling nearly $5 billion

2023-11-16 10:03:34
Collection

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) announced the enforcement results for fiscal year 2023, with a total of 784 enforcement actions, a 3% increase year-over-year, resulting in $4.949 billion in penalties, marking the second-highest record in history.

In terms of cryptocurrency, the SEC's enforcement actions include multi-billion dollar crypto fraud schemes, unregistered crypto asset products, platforms, and intermediaries, as well as illegal celebrity endorsements. The lawsuits involve charges against Terraform Labs and its founder Do Kwon; charges against Richard Heart and the three entities he controls: Hex, PulseChain, and PulseX; and charges against FTX CEO SBF and other FTX executives, among others.

Related tags
Related tags
app_icon
ChainCatcher Building the Web3 world with innovations.