[Animats]

The SEC seems to bring about 2 or 3 crypto enforcement actions per month.[1] They're still working down the ICO backlog. Mostly they've been going after issuers and out and out theft.

After FTX, political support for crypto deregulation dropped to near zero. FTX, remember, was lobbying for a bill that would allow all the things for which Kraken is now in trouble. That is going absolutely nowhere now.

Also, the SEC, CFTC, and Main Justice now have their act together on cooperating to deal with crypto scams. There used to be jurisdictional issues. Now, it's just treated as crime.

[1] https://www.sec.gov/spotlight/cybersecurity-enforcement-acti...

[soks86]

Fun fact! Stoner Cats 2, from the list of enforcement actions, paid a settlement that was about 10-20% of what they made from their sales!

NFTs as an investment offering are still a good way to make money it seems!

[mkii]

And legal fees?

[cactusplant7374]

I have been waiting for them to go after the YouTuber Tech Lead. It will probably take a while.