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Violation Tracker Summary for Mega-Scandal
Mega-Scandal: Cryptocurrency
Description: This list shows cases in which cryptocurrency companies paid penalties of $25 million or more for investor protection violations and other abuses.
Penalty Total since 2000: $17,947,402,948
Number of Penalty Records: 13
Note: The totals here are adjusted to account for the fact that each current parent's entries may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. They are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the individual records list below.
Individual Penalty Records:
Click on the company or penalty amount for more information on each case. Click on the current parent name to reach the summary page for that parent company.
| Company | Current Parent | Current Parent Industry | Primary Offense Type | Year | Agency | Penalty Amount  |
| FTX Trading Ltd and Alameda Research LLC | | | investor protection violation | 2024 | CFTC | $12,700,000,000 |
| Binance Holdings Limited | Binance Holdings | financial services | anti-money-laundering deficiencies | 2023 | DOJ_NATSEC | $4,316,126,163 |
| Binance Holdings Limited, | Binance Holdings | financial services | anti-money-laundering deficiencies | 2023 | FINCEN | (*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $3,400,000,000 |
| Binance Holdings Limited et al. | Binance Holdings | financial services | investor protection violation | 2023 | CFTC | (*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $2,700,000,000 |
| GTV Media Group, Inc. and Saraca Media Group, Inc. | | | investor protection violation | 2021 | NY-AG | $479,900,000 |
| Tai Mo Shan Limited | | | investor protection violation | 2024 | SEC | $123,000,000 |
| Coinbase Inc. | Coinbase Global Inc. | financial services | anti-money-laundering deficiencies | 2023 | NY-DFS | $100,000,000 |
| HDR Global Trading Limited et al. | | | investor protection violation | 2021 | CFTC | $50,000,000 |
| BlockFi Lending LLC | | | investor protection violation | 2022 | SEC | $50,000,000 |
| Sparkster Ltd | | | investor protection violation | 2022 | SEC | $35,000,000 |
| Circle Society, Corp. | | | investor protection violation | 2021 | CFTC | $32,141,375 |
| Kikit & Mess Investments, LLC | | | investor protection violation | 2024 | CFTC | $31,235,410 |
| Payward Ventures, Inc. and Payward Trading Ltd. | | | investor protection violation | 2023 | SEC | $30,000,000 |
