The U.S. Securities and Exchange Commission (SEC) has recovered a record $8.2 billion from enforcement actions in 2024. 🌟
- This is the largest amount ever recovered by the SEC, with significant contributions from the Terraform Labs case.
- A report on November 22 shows that the number of cases decreased by 26% compared to the previous year, but the amount recovered from cryptocurrency-related cases increased significantly.
- Chairman Gary Gensler emphasized the priority of protecting investors, especially in the rapidly evolving cryptocurrency sector.
- Despite the decrease in cases, the SEC still recovered $6.1 billion from illegal profits and $2.1 billion from fines.
The SEC's strategic shift focuses on high-profile cases, promising a positive future for the cryptocurrency industry. 🚀