US SEC concludes investigation into Crypto.com, no enforcement action

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PANews
03-27
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PANews reports on March 28 that, according to Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into Crypto.com without taking any enforcement action against the exchange. Sources revealed that after receiving a Wells Notice from the SEC in October last year, Crypto.com proactively sued the SEC, accusing it of overreach. However, in December 2024, after former U.S. President Trump announced plans to appoint crypto-supportive Paul Atkins to replace Gensler as the next SEC chairman, Crypto.com withdrew the lawsuit.

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