Billion

Coin

<ul class="wp-block-list news-points">
 <li>U.S. regulators collected nearly $32 billion from crypto firms since FTX’s collapse.</li>
 <li>FTX and Alameda face a record $12.7 billion settlement in a pivotal regulatory shift.</li>
 <li>Recent enforcement actions surged, with 16 settlements totaling over $30 billion since 2022.</li>
</ul>
US regulators have stepped up enforcement actions against cryptocurrency companies, securing nearly $32 billion in settlements from top industry players. These regulatory efforts have increased after the high-profile collapse of crypto exchange FTX, showing the government’s growing scrutiny of the digital asset market.
Over half of the settlements were secured in the past two years. This shows a concerted effort to address possible violations, improve consumer protections, and reduce risks to financial stability.
<h2 class="wp-block-heading" id="h-ftx-and-alameda-involved-in-record-setting-settlements">FTX and Alameda Involved in Record-Setting Settlements</h2>
Notably, the <a href="https://www.coingecko.com/research/publications/top-crypto-enforcements-us" target="_blank" rel="noopener noreferrer nofollow">largest</a> regulatory action to date involved bankrupt crypto exchange FTX and its affiliated trading firm, Alameda Research. The Commodity Futures Trading Commission (CFTC) led the charge, securing a substantive $12.7 billion settlement in August 2024.&nbsp;
This settlement came just under two years after <a href="https://coinedition.com/ftx-repayment-plan-in-sec-crosshairs-stablecoin-use-questioned/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">FTX’s</a> collaps…
The post <a href="https://coinedition.com/us-regulators-crack-down-on-crypto-32-billion-in-settlements-and-counting/" rel="noopener noreferrer nofollow">US Regulators Crack Down on Crypto: $32 Billion in Settlements and Counting</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

US Regulators Crack Down on Crypto: $32 Billion in Settlements and Counting

Table of Contents

Coin Edition

Other articles published on Oct 10, 2024

Where Is The Next 100x Opportunity? Experts Take A Deep Dive Into Lunex Network, Wormhole & SUI A...

China to Sell $1.3B of Ethereum From Seized PlusToken Scheme

ZachXBT vs. Murad Mahmudov: Doxxing Debate Shakes Crypto Twitter

Vanar Chain (VANRY) and Injective (INJ) Uptrends Halt as Key Support Levels Break: What’s Next fo...

Famous Influencer’s Secret Cryptocurrency Addresses Revealed: 61 Times Profit from a Single Altcoin

Thailand SEC Proposes Crypto Investments for Mutual and Private Fund

Join our free newsletter for daily crypto updates!