SEC: A total of nearly US$5 billion in fines will be imposed in fiscal year 2023, focusing on areas such as cryptocurrency
US SEC announced its enforcement results for the 2023 fiscal year on its official website. The report shows that the SEC initiated a total of 784 enforcement actions, an increase of 3% from 2022. The enforcement actions resulted in fines totaling $4.949 billion, second only to the $6.4 billion in 2022, making it the second-highest in history. The SEC stated that "the 2023 fiscal year was a productive year for enforcement work." The cases it focused on investigating involved cryptocurrency, cybersecurity, false statements by listed companies, and market manipulation, among other areas.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Could Bitcoin and Ethereum face a potential liquidation crisis? Detailed Examination…
Bullish Cryptocurrencies Face Potential Setback - A Possible Unexpected Downturn for Bitcoin and Ethereum?

Pi Network’s Price Jumps 33%, Reaches $1 Milestone
Trump’s Deleted XRP Post Sparks White House Tensions
Lido DAO Responds to Suspected Chorus One Key Leak
Trending news
MoreCrypto prices
More








