The US Securities and Exchange Commission (SEC) brought 348 enforcement actions in fiscal year 2026, down 23.7% from 456 in the previous fiscal year and the lowest number since 1991, according to Chinese-language outlet PANews, which cited Cointelegraph. The figures could not be checked against an original SEC release, which was not among the material reviewed.
PANews reported the numbers on November 11. The year’s results include cases involving alleged crypto fraud and the failure of the audit of FTX, the collapsed exchange.
First full fiscal year under Paul Atkins
Fiscal year 2026 was the first full fiscal year under SEC Chair Paul Atkins, according to the same report. Standalone enforcement actions fell from 303 in the previous year to 235, PANews said, citing Cointelegraph.
The report does not explain the drop, and this article does not attribute it to any particular cause.
Crypto-related cases in the tally
The SEC says it charged three alleged crypto trading platforms and four investment clubs over a scheme that allegedly defrauded investors of at least $14 million, as relayed by PANews citing Cointelegraph. These are allegations, and the names of the platforms and clubs were not given in the report.
In another case, the founder of a bitcoin mining company was charged with misappropriating $48.5 million, according to the report. The company had earlier raised more than $95.6 million from about 6,400 investors. The company and its founder were not named, and the charges remain allegations.
FTX audit settlement
The report also says the SEC settled in April with Francis Decker, a partner at Prager Metis, the auditor of FTX, over a failure to meet professional audit standards. The terms of the settlement were not disclosed in the report. The year of the April settlement is inferred from the fiscal year context.
What remains unknown
Because the account is a secondary report, neither the original SEC release nor the Cointelegraph article was available for comparison. The identities of the defendants in the fraud cases and the details of the Decker settlement are still unknown from the material available.
Sources
- panewslab.com PANews — 美SEC 2026财年执法行动下降23.7%，加密案件受关注 Accessed
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