🚀 Crypto News! 🚀
🔹 SEC fines nearly $4.7 billion for crypto companies and CEOs in 2024, up more than 3,000% from 2023!
🔹 Terraform Labs & Do Kwon case contributes $4.47 billion, the largest action ever.
🔹 With just 11 cases, the SEC has collected 30 times more fines than in 2023, despite fewer cases.
🔹 The SEC is shifting its strategy, targeting big cases, setting a precedent for the industry.
🔹 The Telegram case in 2019 was also one of the big cases with $1.24 billion.
🔹 Other companies such as GTV Media, Ripple Labs were also fined over $100 million.
👉 What do you think about the SEC's new strategy? Comment below! 💬#CryptoNews#Blockchain#BTC#Finance#Tech#Regulation