Regulators have long litigated the bad apples of cryptocurrencies. In 2022, the U.S. Securities and Exchange Commission (SEC) sued Kim Kardashian and many other celebrities for shilling Ethereum Max during the 2021 bull market. The Treasury Department settled with BitPay over allowing people from sanctioned countries, including North Korea and Iran, to use its platform, and in March 2022 he announced that the DOH would launch a task force to enforce sanctions against Russia. I was.