SEC Charged 30 Crypto-related Enforcement Actions In 2022
According to a report from Cornerstone Research, the Securities and Exchange Commission continues to prioritize crypto-related enforcement under Chair Gary Gensler, bringing 30 enforcement actions against participants in the digital asset market in 2022.
According to the report, the SEC filed 24 lawsuits in federal courts in the United States and six administrative cases in 2022. Particularly, the number of lawsuits rose from 14 the year before. Initial coin offerings (ICOs) were the subject of 14 of the 30 enforcement actions in 2022, and fraud allegations were included in more than half of these ICO-related enforcement proceedings. Additionally, the SEC filed groundbreaking charges in 2022 relating to insider trading and market manipulation in the cryptocurrency area.
Source
@TradeCryptoNow
