$8.2 billion raised through crypto fraud penalties: SEC’s 2024 report

In 2024, the SEC collected a record $8.2 billion in penalties and returned $345 million to victims. A large part of the funds came from major cases like Terraform Labs. While the number of cases went down, the financial watchdog continued to focus on punishing wrongdoers and protecting investors, especially in areas like cryptocurrency, AI,

Source: Cryptopolitan