SEC Collected Record $8.2B in Remedies in FY24, 56% Came from Terraform Labs

The Securities and Exchange Commission (SEC) collected a record $8.2 billion in recoveries and fines in fiscal year 2024, driven by its action against algorithmic stablecoin issuer Terraform Labs and its CEO, Do Kwon.

Nov 25, 2024 - 06:36
SEC Collected Record $8.2B in Remedies in FY24, 56% Came from Terraform Labs
StablecoinThe Securities and Exchange Commission (SEC) collected a record $8.2 billion in recoveries and fines in fiscal year 2024, driven by its action against algorithmic stablecoin issuer Terraform Labs and its CEO, Do Kwon.

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