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CFTC publishes 2024 enforcement results showing $17 billion raised in fines

Sam Bankman-Fried
The total includes the .7 billion judgment against FTX. Photo: Michael M. Santiago/Getty Images
Alexander Barzacanos profile image

Alexander Barzacanos

2 min read

The agency’s annual report highlights record-breaking penalties driven by actions against Binance and FTX.

The Commodities Futures Trading Commission (CFTC) raised a record $17.1 billion in monetary penalties this year, its largest end-of-year recovery yet.

That marks a massive increase from last year’s $4.3 billion in combined penalties. However, the CFTC pursued considerably fewer cases this year – 58 compared to last year’s 96.

The 2024 $12.7

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