SEC Files 348 Enforcement Actions in Fiscal Year 2026 Involving Cryptocurrency Fraud Cases

on November 11, the U.S. Securities and Exchange Commission (SEC) disclosed that it filed 348 enforcement actions for the fiscal year ending September 30, 2026, a decrease of approximately 23.7% from the 456 actions in fiscal year 2025.

Cases cited by the SEC include allegations against three alleged cryptocurrency trading platforms and four investment clubs for defrauding retail investors of at least $14 million, as well as allegations against the founder of a Bitcoin mining company for misappropriating $48.5 million in investor funds.

The SEC also disclosed that an audit engagement partner was negligent in auditing the collapsed crypto exchange FTX, resulting in a violation of U.S. Generally Accepted Accounting Principles.