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Illinois · Through at least Public Act 104-790

205 ILCS 731/20-70: Civil penalties.

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Where this section sits in the code
  1. CHAPTER 205 FINANCIAL REGULATION
  2. Digital Assets and Consumer Protection Act.

(a) If a person other than a registrant has engaged, is engaging, or is about to engage in digital asset business activity with or on behalf of a resident in violation of this Act, the Department may assess a civil penalty against the person in an amount not to exceed $100,000 for each day the person is in violation of this Act.

(b) If a person violates a provision of this Act, the Department may assess a civil penalty in an amount not to exceed $25,000 for each day of violation or for each act or omission in violation, except that a fine may be imposed not to exceed $75,000 for each day of violation or for each act or omission in violation related to fraud, misrepresentation, deceit, or negligence.

(c) A civil penalty under this Section continues to accrue until the date the violation ceases.

(d) A civil penalty under this Section is cumulative to any civil penalties enforceable by the Department under any other law.

Collected 2026-09-15T04:46:29Z. Source file · JSON

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