PANews reported on December 5 that according to Bloomberg, the total fines and investor compensation of the U.S. Commodity Futures Trading Commission (CFTC) in fiscal year 2024 hit a record high of $17.1 billion, mainly from enforcement actions against the defunct crypto exchange FTX and its affiliate Alameda Research. Among them, the FTX and Alameda cases involved $8.7 billion in compensation and $4 billion in illegal gains. In addition, the CFTC also imposed $2.85 billion in fines and compensation on Binance and its founder Zhao Changpeng (CZ), accusing them of illegally operating a crypto asset derivatives trading platform. This is the highest amount of enforcement results in the history of the CFTC.