The crypto industry has racked up $2.5 billion in fines since bitcoin was launched in 2009

And, this is just in the US.

The biggest penalties imposed came from the Securities and Exchange Commission at $1.69 billion, followed by the Commodity Futures Trading Commission at $624 million.

The majority of these fines, around $2.3 billion, are related to unregistered securities offerings and fraud.

Read more here.

$2.5 billion in fines since 2009, that’s an annual average of just $200 million over the last 11 years…

Meanwhile, HODLer’s be like…