American crypto industry racks up over $2 billion in fines
A report by Cornerstone Research shows that the US Securities and Exchange Commission (SEC) has brought a total of 97 enforcement actions worth $2.35 billion against participants in the digital asset marketplace since 2013.
According to the research, 58 of those actions were litigations and the remaining 39 were administrative proceedings. Of the total $2.35 billion in penalties, $1.71 billion was charged in litigation and $640 million in administrative proceedings.
Eyes on XRP/Ripple v SEC
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