In 2024, the SEC collected a record $8.2 billion in 583 cases, despite a 26% decrease in their number. 🚀 More than half of the amount came from the Terraform Labs case, related to a major crypto fraud. SEC Chair Gary Gensler emphasized that protecting investors in the crypto sector remains a priority. 💼
Although the number of cases has decreased, fines have increased by 3000%, indicating a shift in the SEC's strategy towards more significant cases.