The U.S. SEC has collected $4.68 billion in cryptocurrency fines so far in 2024

BlockBeats news, on September 10, BeInCrypto reported that so far in 2024, the US SEC has levied $4.68 billion in cryptocurrency fines, an increase of 3,018% over the previous year. Fines include various economic penalties, such as confiscations, recovery of illegal gains, civil penalties, settlements, and pre-judgment interest.

According to statistics, the US SEC took 11 enforcement actions in 2024 and 30 in 2023. Judging from 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%.