The U.S. Securities and Exchange Commission (SEC) has begun paying $4.6 million to investors affected by the Ethereum-based ICO BitClave. In 2020, BitClave agreed to return $25.5 million and pay fines after accusations of unregistered securities issuance. 😬
The SEC actively regulates the crypto market, but with the potential change in the political course of the U.S., the future of the crypto industry remains uncertain.