SEC shakes up crypto world! 🚀

- In 2024, SEC fined crypto industry $4.7 billion. That’s 3,018% more than $150.3 million in 2023! 😲

- The biggest blow came to Terraform Labs and its former CEO Do Kwon with a $4.47 billion fine.

- Only 11 cases were filed in 2024, but the average fine was $426 million.

- A total of $7.42 billion in fines since 2013, 63% of which were in 2024!

How do you think this strategic move by SEC will affect crypto market? Let’s meet in the comments! 💬