SEC Lets Another One Go: Crypto.com Investigation Closed Without Action

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  • SEC drops multiple crypto firm investigations, including Immutable, reflecting a changing stance.

The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Crypto.com exchange without pursuing enforcement action. 

This development comes after Crypto.com had previously received a Wells notice from the agency – typically a signal that charges are likely – related to its US operations.

Crypto.com had initially filed a lawsuit challenging the SEC’s jurisdiction and its broad classification of most cryptocurrencies as securities. However, the exchange notably withdrew that suit shortly after news emerged regarding Do…

The post SEC Lets Another One Go: Crypto.com Investigation Closed Without Action appeared first on Coin Edition.

      

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