The US Securities and Exchange Commission (SEC) has been working hard to stifle crypto startups in 2022. 30 cases were filed against crypto companies in a year (this is a record), in just 2022, the regulator used its power 127 times. This is evidenced by the report of the consulting firm Cornerstone Research. The document says that the SEC filed a total of 24 lawsuits in US federal courts and six administrative proceedings. The number of litigations has doubled compared to the previous year. Most often, representatives of the cryptocurrency industry were accused of fraud (70% of cases) and an
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Author: NixCoin