The SEC’s actions under Gensler rose significantly, with penalties in 2024 hitting 4.98 billion USD despite a decrease in enforcement actions. Notably, allegations of fraud surged to 66%, reflecting a more aggressive stance than seen previously.
Post-Gensler, the SEC faces scrutiny as it forms a dedicated crypto task force. Industry stakeholders hope for a balanced approach that encourages innovation while addressing fraud concerns, signaling potential changes in regulatory strategies for the future.