FTX and Alameda face the largest crypto fine ever imposed by US regulators: $12.7 billion! 💸 According to CoinGecko, this is the largest fine ever imposed on a crypto company. Binance’s $4 billion fine is a record for a company in operation, but fourth overall.

- In 2023, US regulators settled 8 major cases for $10.87 billion.

- Regulatory pressure increased after FTX collapse.

What do you think about this news? Let’s meet in the comments! 💬👇