2022 was a rocky year for cryptocurrency. Prices crashed, Terra collapsed, FTX went bankrupt, and – Solidus research now shows – regulators engaged in more crypto-related enforcement than in any other year in the industry’s history.
In 2022, the four main federal regulators with authority over cryptocurrency – the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Crimes Enforcement Network (FinCEN), and the Office of Foreign Assets Control (OFAC) – announced a combined 58 crypto-related enforcement actions, a 65% jump over 2021.
Source: US Regulators Set Crypto Enforcement Records in 2022 | Solidus Labs
