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The majority of the $8.2 billion fines from the SEC in 2024 comes from cases related to Terraform Labs

2024-11-26 14:12:19

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ChainCatcher news, according to Decrypt, the U.S. Securities and Exchange Commission (SEC) received $8.2 billion in fines for the fiscal year 2024, setting a record high in its history, with more than half ($4.5 billion) coming from the SEC's fines against Terraform Labs and its founder Do Kwon. Without this settlement, the SEC's finances would have reached their lowest level since 2013, at $3.72 billion.

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Terraform Labs Do Kwon U.S. SEC

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