🌟 SEC Record: A Whip for the Crypto World or a New Order? 🌟

‼️ In this financial year, the U.S. Securities and Exchange Commission (SEC) has collected a record $8.2 billion in fines. 😱

📌 56% of the total amount comes from the case against Terraform Labs — that's a whopping $4.5 billion!

And now for the sad part 😏:

• The SEC was once often called a “behind-the-scenes tool” for fighting against the undesirables ⚙️

• It's a crafty game to protect the interests of only “their own”. 🤝

• Or if they release the hounds, then a “witch” will be found 🧙‍♀️

So what will happen now? With the new SEC 🤔

• Some believe that the SEC will finally take charge and restore order

• Others point to the rise of bureaucracy and the risks of excessive control

As always, the truth lies somewhere in the middle 🧐

😜 Well, for now — fines are flying, millions are being returned, and we will continue to follow these financial dramas! 🎭