SEC Brings 348 Enforcement Actions in Fiscal Year 2026, Including Crypto Fraud Cases

TechFlow reported on November 11 that, according to disclosures by the U.S. Securities and Exchange Commission (SEC), the agency brought 348 enforcement actions in the fiscal year ended September 30, 2026, down about 23.7% from 456 in fiscal year 2025.

The cases cited by the SEC include allegations against three so-called crypto asset trading platforms and four investment clubs for allegedly defrauding retail investors of at least $14 million, as well as a Bitcoin mining company founder allegedly misappropriating $48.5 million in investor funds.

The SEC also disclosed that an audit engagement partner was negligent in auditing the defunct crypto trading platform FTX, resulting in violations of U.S. generally accepted accounting principles.

Source: TechFlow