In 2024, US regulators have received over $19 billion in lawsuit settlements from crypto companies, with FTX and Alameda being major contributors. This year's settlements have surpassed those of previous years, with an 8,327% increase compared to 2022. The collapse of Celsius and Terraform Labs marked a shift in the market, leading to increased regulatory scrutiny. Notable settlements include Terraform Labs' $4.47 billion with the SEC and Genesis' $2 billion settlement. Despite the high numbers, analysts predict more settlements before the year ends, as regulators continue to scrutinize the industry. Binance's billion-dollar settlement in 2023 was significant, as it was the only operating company to reach such a settlement. Overall, US regulators have collected approximately $31.92 billion in settlements from crypto companies since 2019. Read more AI-generated news on: https://app.chaingpt.org/news