cyrpto action, Crypto.com, ends, probe, SEC, U.S Mark March 28, 2025 0 Comments

U.S. SEC ends probe into Crypto.com with no action taken

Without continuing any application measure, the American Commission for Securities and Exchange has officially concluded its investigation into Crypto.com.

In a blog On March 27, the scholarship revealed the news, stressing that it had previously received a SEC well opinion before continuing the agency in October 2024. The trial, which said that the SEC had overestimated its authority, was then rejected in December. The investigation is now completed without penalties.

Nick Lundgren, legal director of Crypto.com, praised the decision, declaring:

“We are delighted that the current management of the SEC has made the decision to close its investigation into Crypto.com without any action or execution regulations”, ”

He criticized the previous management of the SEC, saying that the agency had abused its power to target the cryptography industry.

The CEO of Crypto.com, Kris Marszalek, also weighed on an article of March 28 on X, describing the regulatory position of the previous administration as a “war against crypto”. According to Marszalek, the previous administration tried to stifle the industry by restricting access to essential services such as the bank, listeners and investors.

I continue to be proud of the way in which this industry and its community resisted the storm after the storm, the most prolific being the previous war of the American administration against the crypto.

– Kris | Crypto.com (@Kris) March 27, 2025

Crypto.com remains the only great global exchange of cryptocurrency which was not prosecuted by the dry or set with the regulator. The company maintains more than 100 regulatory approvals worldwide, including state money issuer licenses in more than 40 US states.

He obtained registration with key uses such as the financial crimes inserting Network, the Commodity Futures Trading Commission and the Financial Industry Regulatory Authority.

The decision to close the investigation is aligned with the recent change in the dry approach to regulation under the interim presidency Mark Uyeda. The agency has withdrawn his lawsuits against Opensea, Uniswap (UNITED), Coinbase, Consensys, Robinhood, Gemini and Immutable (IMX) in recent weeks.

He also created a crypto working group, led by Commissioner Hester Peirce, who recently revealed plans to hold public round tables On the main regulatory subjects of industry in the coming months.