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SEC Crypto Enforcement: Why $4.68 Billion in Fines Changed the Game

SEC Crypto Enforcement: Why $4.68 Billion in Fines Changed the Game

24 Jul 2026

The SEC's $4.68 billion in crypto fines in 2024 shocked the industry. We break down how the Terraform Labs case dominated the stats, the shift under Gary Gensler, and the new regulatory reality post-2025.

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