SEC drops high-profile crypto cases in pivot
Trump’s administration has made changes to the SEC, and it has dropped legal action against six major crypto firms this month.
Trump’s administration has made changes to the SEC, and it has dropped legal action against six major crypto firms this month.
There are at least three legal possibilities for the final outcome of crypto’s highest-profile lawsuit, SEC v. Ripple et al.
The final legal filing by the Gary Gensler-led SEC appeals SDNY’s decision that programmatic secondary offerings of XRP weren’t securities.
Reporting suggests that the SEC is considering dropping enforcement cases against cryptocurrency firms following Trump’s inauguration.
Tether-linked Cantor Fitzgerald was charged with misleading investors of two SPACs in the run-up to $750 million initial public offerings.