The post SEC Announces 784 Enforcement Actions in Fiscal Year 2023! appeared first on Coinpedia Fintech News
The SEC announced its fiscal year 2023 enforcement results, revealing that it filed 784 actions and secured nearly $5 billion in financial remediation orders. Highlights include charges against Terraform Labs and Do Kwon, SBF, lending and staking companies, the first NFT issuer, and actions against Beaxy, Bittrex, and Binance. The SEC also accused Coinbase of violating securities laws by failing to register certain digital assets and provide adequate disclosures to investors. These actions demonstrate the SEC’s continued focus on regulating the cryptocurrency industry.