How will the 33 SEC crypto cases impact DeFi? Details – BitRss

• The SEC imposed $4.9 billion in crypto-related penalties in 2024.
• The SEC expanded its focus to NFTs, charging creators with unregistered securities offerings, signaling tighter regulation for digital collectibles.

The cryptocurrency landscape witnessed significant regulatory shifts in 2024, with SEC crypto enforcement actions reaching pivotal milestones amid a broader market maturation.

The Commission brought 33 enforcement actions in 2024. It marked a strategic evolution from its previous focus on ICOs to more complex DeFi and staking operations.

SEC crypto enforcement patterns signal market maturity

The SEC’s enforcement approach in 2024 showed notable refinement, with a 30% decrease in total actions from 2023’s peak of 47 cases.

However, the monetary impact intensified significantly, with penalties reaching a record $4.98 billion — largely driven by the landmark Terraform Labs settlement of $4.55 billion.