The SEC has released the results of its Division of Enforcement for fiscal year 2026, which ran from October 2025 to September 30, 2026. The figures say a lot about the current state of the U.S. regulator under the leadership of Paul S. Atkins.

🔹 348 enforcement actions, 235 of them standalone actions and 113 follow-on administrative proceedings.

🔹 13 trading suspensions of Asia-based issuers over alleged manipulation.

🔹 $1.095 billion in disgorgement orders: $752 million in disgorgement and interest and $343 million in civil penalties.

🔹 About $731 million returned to more than 250,000 harmed investors.

🔹 Two-thirds of independent actions include charges against at least one individual.

Beyond the numbers, the reorganization is what’s interesting. The SEC has created a Retail Fraud Task Force to pursue Ponzi schemes, offering fraud, impersonation, and market manipulation. It has also established a dedicated accounting fraud unit and, above all, an Office of Superintelligence and Analytics that uses artificial intelligence to detect anomalies, review documents, and analyze the blockchain and financial flows.

In the crypto space, the report includes charges against alleged trading platforms, “investment clubs,” and the founder of a bitcoin mining company accused of diverting $48.5 million from investors.

In my view, the message is clear: a focus on fraud that harms small investors, backed by increasingly powerful on-chain analytics tools. This is good news for the industry, because it separates legitimate innovation from the schemes that have done so much damage to the industry’s reputation. It also makes clear that blockchain traceability works in the regulator’s favor.

The SEC has also signed memorandums with the CFTC and the FDA to coordinate oversight.

Full analysis at territorioblockchain.com

#SEC #Regulacion #Cripto #Fraud