“Under the new administration, the SEC’s enforcement activity has continued to focus on cryptocurrency related actions.” crypto bitcoin
Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants.titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement activities from July 2013 to December 2021, the company detailed, elaborating:
According to the report, 58 enforcement actions were cryptocurrency-related litigations and 39 were administrative proceedings. In addition, about half of the 58 litigations occurred in the state of New York. As of Jan. 3, 31 litigations had reached a resolution.
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