SEC fines against crypto firms have surged to $4.7 billion in 2024, marking a 3,000% increase from 2023. Terraform Labs' settlement constitutes the largest portion at $4.47 billion.
Abu Dhabi's Agriculture and Food Safety Authority bans the use of farms for cryptocurrency mining, considering it a misuse and threatening fines up to $2,700.
The UAE agriculture authority has banned cryptocurrency mining on farms, imposing fines up to 10,000 dirhams ($2,722) for violations.
Russian authorities aim to impose fines on crypto miners using residential properties to curb rising power outages, by potentially amending the Code of Administrative Offenses for electricity misuse.
Worldcoin, a biometric digital ID company, faces over $1 million in fines in Buenos Aires due to allegations of mishandling users' digital information and implementing unfair service clauses.