SEC Secures $8.2B in Penalties
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massive financial lossesBitDegree
•SEC Smashes Records with $8.2 Billion in Fines
70% Informative
The US Securities and Exchange Commission secured $8.2 billion in financial penalties in fiscal year 2024 .
This surge was primarily attributed to a settlement with Terraform Labs and its former CEO, Do Kwon.
Terraform was at the center of the SEC ’s landmark enforcement action, resulting in a $4.47 billion settlement.
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