🚀 SEC sets a record fine of 8.2 billion USD in 2024, mainly thanks to the Terraform Labs case! 🌟
- More than half of the amount from the lawsuit victory against Terraform & CEO Do Kwon with 4.47 billion USD.
- Without Terraform, the SEC only collected 3.72 billion USD, the worst since 2013.
- Fines increased by 65.5% compared to 2023, with 2.1 billion USD in fines and 6.1 billion USD in illegal profit restitution.
🔍 Gensler will leave the position of SEC Chairman on January 20, 2025, the same day Trump takes office. The SEC under Gensler has been tough on crypto, but the number of cases dropped from 46 to 11 in 2024.
💬 What do you think about the future of crypto under Trump? Share your thoughts below! 👇