According to BlockBeats, on September 10, BeInCrypto reported that the US SEC has levied $4.68 billion in cryptocurrency fines so far in 2024, an increase of 3,018% over the previous year. The fines include various economic penalties, such as confiscation of amounts, recovery of illegal gains, civil penalties, settlement funds, and pre-judgment interest.
According to statistics, the SEC will take 11 enforcement actions in 2024 and 30 in 2023. Based on the trend of previous years, the average fine in 2018 was $3.39 million, which rose to an average of $426 million in 2024, an increase of 12,466.37%.
