30 cases opened: the American regulator concentratedly strangled crypto companies in 2022
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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
In 2022, the US Securities and Exchange Commission (SEC) opened 30 cases related to cryptocurrencies. This is 50% more than a year earlier, follows from report Cornerstone Research. The indicator amounted to almost a quarter of the total number of law enforcement actions of the regulator for the year –…