TechFlow reports, according to the official website of the SEC, on December 12 the U.S. Securities and Exchange Commission announced an award exceeding $20 million to a whistleblower whose information and assistance made significant contributions to the success of an enforcement action. The whistleblower provided original information, met multiple times with enforcement staff, and remained cooperative throughout the investigation. Creola Kelly, Director of the SEC’s Office of the Whistleblower, stated: “Whistleblowers may contribute to the success of enforcement actions by providing information that leads to the initiation of investigations or inspections, or meaningfully advances existing investigations.”
On December 13, FTX founder SBF was arrested, leading many in the crypto community to speculate that this whistleblower award might be related to the FTX case.Original link
