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SEC Escalates Crypto Scrutiny: Unregistered Offerings Lead Surge in Lawsuits
The number of crypto-related litigations brought by the SEC increased four times in the third quarter compared to the prior quarter, according to a recent study. This comes as the sector faces intensified scrutiny amid heightened enforcement actions by the regulator. The research by Finbold indicates that from July to September 2024, the SEC filed more digital asset cases than in the entire first quarter of the year. The number of cases climbed to 12 in Q3, a notable rise from just 6 cases in Q1 and 3 in Q2. In particular, the SEC concentrated on unregistered offerings, which remain the most common complaint. Several ... (full story)