In the 6 months after FTX filed for bankruptcy the SEC drastically ramped up its crypto litigation when compared to the 6 months prior.
Cryptocurrency-related enforcement actions undertaken by the United States securities regulator significantly increased in the six months following the bankruptcy of cryptocurrency exchange FTX.
An analysis of press releases from the Securities and Exchange Commission and news reports on its actions found that in the six months preceding FTX’s collapse — the SEC undertook approximately six enforcement actions.on Nov. 11, 2022, SEC crypto-related enforcement actions jumped to at least 17, an estimated increase of 183% from the preceding period.
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