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For fiscal year 2023, the U.S. Securities and Exchange Commission (SEC) filed 784 enforcement actions and received $4.9 billion in penalties.

The CEO of Binance, one of the world’s largest and fastest-growing crypto exchanges, stated he expects net revenue of $500 million to $1 billion in 2018. CEO’s Overwhelming Optimism Despite the recent not-so-favorable situation in the crypto industry that has…