🚨 Crypto News Flash! 🚨
U.S. regulators have slapped crypto companies with a whopping $32 billion in fines to resolve compliance disputes. The biggest chunk came in 2024, with $19.45 billion, largely due to FTX and Alameda Research's $12.7 billion settlement. Terraform Labs followed with $4.5 billion in fines.
- Binance faced $4.3 billion in penalties in 2023.
- Celsius was hit with $4.7 billion the same year.
These actions reflect increased regulatory scrutiny post-FTX collapse. What are your thoughts on this crackdown? 💬 Share in the comments!