As of the end of last year, the total fines imposed by the SEC on cryptocurrency-related companies and individuals amounted to $2.89 billion

ChainCatcher message, according to data from Cornerstone Research, by the end of 2023, the total fines imposed by the SEC on crypto-related companies and individuals amounted to $2.89 billion, with $281 million occurring just last year. Since the first action taken against the industry in July 2013, the SEC has initiated a total of 173 enforcement actions related to crypto by the end of 2023. Last year, the SEC launched 46 crypto-related enforcement actions, an increase of 53% compared to 2022.