United States regulators have secured over $19 billion in lawsuit settlements from cryptocurrency companies in 2024, representing nearly two-thirds of all settlements to date.
An October 9 report from CoinGecko revealed that the bankrupt crypto exchange FTX and its affiliated trading firm Alameda accounted for the majority of these settlements, paying $12.7 billion to the Commodity Futures Trading Commission (CFTC) in an August agreement.
Across eight settlements in 2024, regulators collected 78% more than in 2023, when $10.87 billion was paid. This marks a staggering 8,327% increase in settlement values compared to 2022.
The past two years have seen more settlements with regulators than all previous years combined.
The total settlement amounts included forfeiture, disgorgement, civil penalties, and prejudgment interest but excluded individual lawsuits against executives. According to CoinGecko research analyst Lim Yu Qian, the collapse of Celsius and Terraform Labs in mid-2022 were “key events” that shifted the market from a crypto bull run to a bear market, ultimately leading to FTX’s collapse and increased regulatory scrutiny in the U.S.
Terraform Labs reached the second-highest settlement in 2024, paying $4.47 billion to the Securities and Exchange Commission (SEC) over the collapse of the algorithmic stablecoin TerraUSD (UST). Genesis followed with a $2 billion settlement with the Office of the Attorney General (OAG) after filing for Chapter 11 bankruptcy in early 2023.
Regulator activity has intensified over the last two years, and Qian anticipates more settlements before the end of 2024. She stated, “Even with a few months left in the year, 2024 has already recorded a 78.9% increase in settlement value compared to 2023.” She added that given regulators’ persistence, 2024 could surpass last year’s record.
One significant settlement in 2023 involved Binance, marking the only billion-dollar settlement with an operating crypto company. Binance and its former CEO, Changpeng “CZ” Zhao, agreed to plead guilty to charges related to Anti-Money Laundering violations to resolve lawsuits with the Department of Justice (DOJ), Treasury Department, and CFTC.
Since 2019, U.S. regulators have collected approximately $31.92 billion in settlements from cryptocurrency companies.
Chad Musk could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Chad Musk (MUSKCHAD), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because MUSKCHAD is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Chad Musk can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Chad Musk could become the next viral memecoin.
Chad Musk launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Chad Musk on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Chad Musk by entering its contract address – 3zQjdiGMm1b8BV4vY9aRKqBykv8Qd5uupo1PhKZqx7K3 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKCHAD.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Elect Donald could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elect Donald (ELECDON), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days.
This is because ELECDON is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elect Donald can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elect Donald could become the next viral memecoin.
Elect Donald launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elect Donald on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Elect Donald by entering its contract address – Gvoif44JE6oqAoGnuL9JTEDoN88kXSJP36vRznFf4HtL – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin) from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like ELECDON.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Chad Musk could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Chad Musk (MUSKCHAD), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because MUSKCHAD is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Chad Musk can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Chad Musk could become the next viral memecoin.
Chad Musk launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Chad Musk on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Chad Musk by entering its contract address – 3zQjdiGMm1b8BV4vY9aRKqBykv8Qd5uupo1PhKZqx7K3 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKCHAD.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Moon Musk could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Moon Musk (MOONMUSK), a new Solana memecoin that was launched today, is set to explode over 17,000% in price in the coming days.
This is because MOONMUSK is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Moon Musk can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Moon Musk could become the next viral memecoin.
Moon Musk launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Moon Musk on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Moon Musk by entering its contract address – 2BRtADzxBF5cjNGiT9xUNvrFX1dw4nnLdydMyXCbLJx5 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like MOONMUSK.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Elect Donald could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elect Donald (ELECDON), a new Solana memecoin that was launched today, is set to explode over 15,000% in price in the coming days.
This is because ELECDON is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elect Donald can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elect Donald could become the next viral memecoin.
Elect Donald launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Elect Donald on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Elect Donald by entering its contract address – Gvoif44JE6oqAoGnuL9JTEDoN88kXSJP36vRznFf4HtL – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin) from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like ELECDON.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Venture capital firms Gate Ventures and Boon Ventures have partnered with Movement Labs to establish a new $20 million fund focused on supporting Web3 startups.
As announced on October 13, the fund is aimed at developing Move-based protocols, with a particular emphasis on projects that bridge the Move network with Ethereum-compatible (EVM) applications.
“The fund will invest across a range of Web3 verticals within the Move ecosystem,” a spokesperson for Gate Ventures, the investment arm of crypto exchange Gate.io, told Cointelegraph.
The investments will be directed toward decentralized finance (DeFi) projects focusing on security, GameFi involving in-game asset transactions, NFT management, and interoperability solutions that enable seamless data and asset transfers between the Move and EVM ecosystems.
Startups backed by this initiative will also have access to a mentorship program, participate in hackathons, and join a research grant program aimed at improving blockchain interoperability.
Movement Labs is a protocol built using the Move programming language, which was initially developed by Facebook-parent Meta. Unlike the Aptos Network, another layer-1 that uses Move, Movement Labs’ upcoming mainnet will serve as a layer-2 solution for integrating Move and Ethereum transactions.
Recently, Movement Labs secured $38 million in a Series A funding round led by Polychain Capital. The funds will help advance fast-finality rollups, cross-chain atomic transactions, and customizable transaction sequencing.
Supporting startups in both the Move and EVM ecosystems is essential for boosting liquidity and developer adoption.
“The ultimate goal is to create an integrated blockchain environment where developers can build across platforms without sacrificing security or performance,” a Movement Labs spokesperson explained.
Movement Labs has been actively investing in its ecosystem. In September, the first cohort of startups in its accelerator program raised $13.2 million in seed funding. Additionally, $10 million was secured from the Web3Port Foundation to support native DeFi protocols and consumer and gaming applications within the Move network.
Moon Musk could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Moon Musk (MOONMUSK), a new Solana memecoin that was launched today, is set to explode over 17,000% in price in the coming days.
This is because MOONMUSK is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Moon Musk can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Moon Musk could become the next viral memecoin.
Moon Musk launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Moon Musk on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask, or Phantom wallet, and swap Solana for Moon Musk by entering its contract address – 2BRtADzxBF5cjNGiT9xUNvrFX1dw4nnLdydMyXCbLJx5 – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance, and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE, and WIF investors are instead investing in new Solana memecoins, like MOONMUSK.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Scroll, an Ethereum layer-2 project, was recently listed on the centralized cryptocurrency exchange Binance, sparking debate within the crypto community over centralization concerns.
The listing, announced on October 11, was praised by some for its potential to drive growth but criticized by others for what they saw as a move toward centralization. Concerns were raised about whether Scroll was compromising its decentralization ideals by partnering with Binance.
X user Zeng Jiajun expressed skepticism, framing Scroll’s decision to list on Binance as “kneeling” to a centralized exchange (CEX). He described it as a “tough decision” and questioned its long-term impact.
Scroll has yet to respond to Cointelegraph’s request for comment as of publication.
Scroll co-founder Ye Zhang defended the partnership with Binance, explaining that it was part of a broader strategy aimed at expanding Scroll’s ecosystem, particularly in emerging markets.
Zhang clarified:
“I don’t think partnering with Binance is ‘kneeling to a CEX for listing’—it’s way more than that, it’s a strategic decision to build a partnership for growth and broader support. However, it is indeed a tough decision.”
He further noted that Binance would offer convenient on-ramp and off-ramp services for users, facilitating the movement of funds in and out of the Scroll network.
Despite Zhang’s explanation, some members of the crypto community expressed concerns about the implications of the Binance partnership on Scroll’s decentralization.
Jiajun, an Ethereum advocate, voiced his disappointment, saying, “Imagine @VitalikButerin paying 5.5% to @okx when @star_okx refused to list $ETH.”
Other users on X suggested that Binance should not have been the first exchange to list Scroll. They argued that if Scroll had enough organic activity and users, Binance would have listed it without the need for a formal partnership.
Genius Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Genius Trump (GENTRUMP), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because GENTRUMP is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Genius Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Genius Trump could become the next viral memecoin.
Genius Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Genius Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Genius Trump by entering its contract address – 7WoL22CxJmGimvL21LRc5M6v8chF9A6FK5LjqKY1bQYY – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like GENTRUMP.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.