The U.S. Securities and Trade Fee (SEC) shifted its stance on the cryptocurrency trade, dismissing authorized proceedings towards a number of main crypto companies.
On March 3, 2025, the SEC agreed to withdraw its lawsuit towards Kraken, closing the case with out discovering any violations and with out imposing any fines.
Following a management change in 2025, the SEC is now actively reviewing and dismissing open instances towards crypto firms. In late February, the company dropped its lawsuit towards Coinbase, one of many largest U.S. crypto exchanges, bringing an finish to a years-long authorized battle. Furthermore, the SEC halted its investigation into Robinhood, with its enforcement division confirming the case’s closure and stating that no additional enforcement actions can be taken.
In June 2023, the SEC accused Coinbase of violating U.S. securities legal guidelines by allegedly facilitating the commerce of unregistered securities. Kraken was beneath scrutiny since November 2023 for allegedly enabling unlawful cryptocurrency transactions, whereas Robinhood acquired a Wells Discover from the SEC in mid-2024.
The SEC additionally dropped investigations and authorized actions towards the next crypto companies:
- Concensys;
- OpenSea;
- Uniswap;
- Gemini;
- Yuga Labs.
Circumstances towards Binance and TRON had been placed on maintain, however authorized proceedings stay ongoing towards Ripple, Cumberland DRW, and Pulsechain. Investigations into Unicoin, Crypto.com, and Immutable are additionally nonetheless lively.
The SEC’s coverage shift beneath new Chair Mark Wade displays a push for extra productive engagement with the crypto trade. Based on Rebecca Fike, Former SEC Enforcement Legal professional, the regulator is anticipated to drop all pending instances primarily based on the Howey Check as grounds for concentrating on crypto firms. She believes the SEC will possible focus solely on companies concerned in fraud or violations of investor safety legal guidelines.
Сообщение SEC Drops Lawsuits In opposition to A number of Main Crypto Firms появились сначала на CoinsPaid Media.