According to CoinMeta, the U.S. Securities and Exchange Commission (SEC) initiated a total of 348 enforcement actions in fiscal year 2026, which is a 23.7% decrease from 456 actions in the previous year. These cases included allegations of Bitcoin mining fraud and audit settlements. In a statement released on Tuesday, the SEC stated that it had filed charges against three purported crypto trading platforms and four investment clubs for defrauding investors of at least $14 million as part of a fraudulent scheme. Additionally, the SEC accused the founder of a Bitcoin mining company of misappropriating $48.5 million after raising over $95.6 million from approximately 6,400 investors. Fiscal year 2026 was the first full fiscal year since the appointment of SEC Chair Paul Atkins, and the 348 enforcement actions represent the lowest level since 1991.