CFTC Hits Record High in Crypto Enforcement Cases, Collects Over $4B in Fines
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CFTC revealed record-setting digital asset enforcement in 2023, with nearly 50% of cases involving crypto.
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96 enforcement proceedings initiated alleging fraud, manipulation in markets including digital assets. Led to over $4.3 billion in penalties.
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47 actions filed related to digital assets, including against exchanges, Ponzi schemes, and cross-market manipulation.
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Record number of digital asset cases highlighted CFTC's commitment to prevent fraud and manipulation.
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Actions include suits against FTX, Celsius, and digital asset lending platforms for fraud and unregistered operations.