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SBF
@SBF_FTX
This is a cool article but a deceptive graph. Yes, 1.69b/2.5b have come from the SEC, but $1.2b of that is Telegram--which is less a fine and more blocking a huge raise. Always watch out for graphics driven by outliers!
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elliptic
@elliptic
Elliptic’s analysis of US regulatory enforcement actions since the birth of Bitcoin in 2009 shows that $2.5 billion in penalties have been imposed against firms and individuals dealing in crypto ➡️ elliptic.co/blog/https/www
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elliptic
@elliptic
Replying to
@SBF_FTX
and
@SBF_Alameda
Certainly no intention to deceive. As indicated, these figures are total monetary penalties, not just fines. The article makes clear that this is a combination of civil penalties, disgorgements and restitutions, and the exact breakdown for the Telegram case is provided.
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