U.S. regulators are ramping up enforcement action against crypto industry leadership. The SEC is pursuing multi-year bans on serving as officers and directors for several high-profile figures connected to the collapsed exchange. Former Alameda Research CEO Caroline Ellison faces potential restrictions, alongside former executives Wang and Singh who held key positions at the platform. The regulatory move signals escalating consequences for those overseeing major crypto entities and underscores the SEC's commitment to market accountability following major industry upheavals.
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TokenVelocity
· 14h ago
Hmm... another industry ban? The SEC's tactics are getting more and more aggressive, it feels like the entire industry is being cleared out.
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LiquiditySurfer
· 14h ago
ngl, this is really the end now. Once the ban is in place, these people won't be able to make a comeback.
U.S. regulators are ramping up enforcement action against crypto industry leadership. The SEC is pursuing multi-year bans on serving as officers and directors for several high-profile figures connected to the collapsed exchange. Former Alameda Research CEO Caroline Ellison faces potential restrictions, alongside former executives Wang and Singh who held key positions at the platform. The regulatory move signals escalating consequences for those overseeing major crypto entities and underscores the SEC's commitment to market accountability following major industry upheavals.