In the 2024 fiscal year, the U.S. Securities and Exchange Commission (SEC) registered $8.2 billion in compensation payments, a 67% increase from the previous year.
In the 2024 fiscal year, the U.S. Securities and Exchange Commission (SEC) registered $8.2 billion in compensation payments, a 67% increase from the previous year. More than 50% of this amount was related to cryptocurrency cases, with Terraform Labs’ case alone accounting for $4.5 billion. However, due to the company’s bankruptcy, SEC recovery of these funds remains uncertain. Additionally, the SEC received 45,000 complaints and reports and barred 124 individuals from executive positions. SEC Chairman “Gary Gensler” commented on the commission’s performance, stating: “Our enforcement department is always seeking truth and justice to hold wrongdoers accountable and protect investors. These actions enhance the integrity of capital markets for the benefit of investors and issuers.”
Source: 99bitcoins.com
