The U.S. Securities and Exchange Commission (SEC) has announced that it secured $8.2 billion in enforcement actions in 2024.
This is the largest amount the commission has ever recovered, with significant contributions coming from the high-profile Terraform Labs case.
Terraform Labs Leads SEC Recoveries
According to a November 22 report, the SEC’s enforcement actions for 2024 included 583 cases, a 26% decrease from the previous year. Among these, 431 were standalone actions, 93 were follow-up cases against individuals with orders against them, including criminal convictions and civil injunctions, and another 59 were against companies that had failed to make necessary filings with the agency.
Gary Gensler, the regulator’s outgoing chair, emphasized that its main priority is to protect investors, particularly in the cryptocurrency sector, which has faced increasing risks due to its rapid growth.
“The Division of Enforcement is a steadfast cop on the beat, following the facts and the
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