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SEC reports record penalties for 2024 with significant crypto industry impact.
crypto regulations

SEC Hits Record $8.2 Billion in Penalties for 2024

In a landmark year, the SEC reports $8.2 billion in penalties for FY 2024, fueled largely by the Terraform Labs case. As enforcement actions decline, the agency sees increased recoveries amidst a s...

cryptocurrencySEC record penalties and fines related to cryptocurrency enforcement in 2024.

SEC Achieves Record $8.2 Billion in Penalties During Crypto Crackdown

In fiscal year 2024, the SEC collected a historic $8.2 billion in fines, primarily due to Terraform Labs' $4.47 billion settlement. This surge marks a 65.5% increase in penalties, despite fewer cas...

cryptocurrencyHester Peirce, potential acting SEC chair amidst cryptocurrency regulation discussion

Hester Peirce May Be Acting SEC Chair, Congressman Speculates

U.S. Congressman French Hill suggests Hester Peirce could be appointed as the new acting SEC Chair following the exit of Gary Gensler. Hill criticizes Gensler's enforcement-heavy approach and stres...

Crypto RegulationMark Uyeda discussing pro-crypto regulations after Gensler's resignation.

Uyeda Signals Pro-Crypto Shift in SEC Leadership After Gensler's Departure

Mark Uyeda, potential SEC chair, advocates for regulatory clarity in crypto. His pro-innovation stance suggests a collaborative approach to distinguish between digital assets and securities, aiming...

blockchainTeresa Goody Guillén's vision for a collaborative SEC on cryptocurrency.

Potential SEC Leadership Change Boosts Crypto Industry Hopes

The potential successor to SEC Chairman Gary Gensler, Teresa Goody Guillén, advocates for a collaborative regulatory approach to benefit the cryptocurrency sector. Her views could reshape investor ...

cryptocurrenciesSEC Chair Gensler reflects on his tenure and future crypto policies.

SEC Chair Gary Gensler to Step Down January 2025: A Shift in Crypto Regulation

Gary Gensler announces his departure from the SEC on January 20, 2025, coinciding with Trump's presidency. Gensler's tenure focused on cryptocurrency regulation, signaling potential shifts under ne...