The U.S. Securities and Exchange Commission (SEC) is seeking its largest fine yet in the crypto industry, a whopping $5.3 billion penalty against Do Kwon and Terraform Labs. The company and its founder were found liable for fraud related to their algorithmic stablecoin and lending platform. This comes after the SEC's proposed $1.8 billion penalty for Ripple and a $4.3 billion fine for Binance. The SEC's aggressive stance signals a shift in strategy, aiming to send a clear message to the crypto industry about the risks of non-compliance. What are your thoughts on this? 💭 Let's discuss below!

#RippleRumblings #BinanceLaunchpool #bitcoinhalving #BTC #bitcoin $BTC $ETH $XRP