The total number of law enforcement actions related to login passwords in the United States increased significantly in 2022, according to a data survey released by blockchain technology risk monitoring company Solidus Labs. Federal government official travel regulators have broken the record for law enforcement.

In 2022, 58 actions were carried out by four key U.S. federal government organizations involved in login password enforcement. This figure surpasses the record high of 40 set in 2020, up 65% from 38 in 2021.

These institutions-the Securities and Exchange Commission (SEC), the Commodity Futures Trading Federation (CFTC), the Financial Crime Enforcement Internet (FinCEN) and the Office of Foreign property manipulation companies (OFAC)-all broke previous records, with the exception of FinCEN, who adopted one act in 2022 and has committed only four acts since 2013.

SEC sued leading cadre regulators in 30 cases in 2022, of which nine were civil cases to be mentioned after the arrest, some of which are still under way. They won a penalty of 242 million dollars. The report shows that:

"SEC announced 30 enforcement actions related to login passwords in 2022, more than any other regulatory agency we have established internationally."

CFTC carried out 19 acts, up 73 per cent from 11 in 2021. Such cases account for 21.95 per cent of the agency's activities, a record number, compared with Crypto's 4.76 per cent market share in the SEC case.

The eight cases of OFAC have increased compared with the previous five cases, of which the ban on Tornado Cash is the largest one. Although the sector has been curbed, Tornado Cash's trading activity has plummeted since OFAC took action, according to the report.

The report also mentioned that FinCEN activity is likely to pick up this year after the tightening of its Russian ban and the upgrading of the whistleblower program of the Finance Ministry. So far, all FinCEN actions related to login passwords are due to violations of the Bank Secrets Act.

"American states are now competing," the report said. " A total of 112 acts were committed by countries around the world in 2022, up from 89 in 2021 and 52 in 2020. Sixteen states took action for the first time, and eight states broke the record. Eleven other states have tied the previous law enforcement record, which has not been broken in 15 states. The report did not specify whether all 50 states had carried out the action.

Regulators in Texas and Alabama are more active, each with six cases. The Texas Securities Commission issued the first state enforcement order so far related to login passwords in 2017, the leading state in history. 59 actions were carried out, "four times the number of Colorado Securities divisions and New Jersey financial enterprises, the second most dynamic state regulator."