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Crypto Companies Are fined At Least $198M So Far By U.S. regulators, Says Report
Summary: According to The Block Research, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), the two largest US market regulators, have fined at least $198 million crypto companies and founders. Among them, the SEC collects a total of nearly $175 million, mainly related to ICOs and tokens that are considered ...
According to The Block Research, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), the two largest US market regulators, have fined at least $198 million crypto companies and founders. Among them, the SEC collects a total of nearly $175 million, mainly related to ICOs and tokens that are considered securities. The CFTC collects about $23 million in fines and other fees. According to the report, these figures do not include undisclosed law enforcement cases.
By Mary Liu
Tags: CFTC,Crypto,fine,SEC
Link: Crypto Companies Are fined At Least $198M So Far By U.S. regulators, Says Report [Copy]