🚨 Crypto Update: The SEC has secured $8.2B in financial remedies for 2024, despite a 26% drop in enforcement actions. Key wins include a $4.5B penalty from Terraform Labs and Do Kwon. The SEC's 583 actions included major cases against Silvergate Capital and Barnbridge DAO. Notably, the agency tackled the HyperFund and NovaTech frauds, affecting thousands. SEC Chair Gensler, set to resign, highlighted increased cooperation in the market. What are your thoughts on the SEC's approach? Share in the comments! 💬