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The American SEC ends the probe in Crypto.com without the actions taken

The American SEC ends the probe in Crypto.com without the actions taken

Without conducting any execution action, the US Securities Commission formally concluded its Cripto.com investigation.

In a A post on blog 27. Marta, the exchange discovered news, pointing out that it previously received the notification of duration before suing agencies in October 2024. years. The lawsuit, which claimed that the sex exaggerated its government, later rejected in December. The investigation has now been completed without punishments.

Nick Lundgren, General Legal Officer Cripto.com, welcomed the decision, stating:

“We are glad that currently SEC was made by the decision to close its investigation into Cripto.com without any executive procedures or settlements,”

He criticized the Previous Leadership of the SEC, claiming that the agency abused her power to target the crypto industry.

Cripto.com General Manager Kris Marszalek also weighed at 28. March on KS, describing a regulatory attitude for the previous administration as a “war on crypto”. According to Marszalek, the previous administration tried to stifle the industry limiting access to basic services such as banking, auditors and investors.

Cripto.com remains the only high global exchange cryptocurrency that did not suit the second or resolved with the regulator. The company maintains over 100 regulatory approvals around the world, including state permits for the transmitter in over 40 American countries.

It has provided registrations with key uses such as a network for financial crimes, commission for trade in the brand and the financial industry regulatory bodies.

The decision to close the investigation is aligned with a recent disorder in the SEC approach in the regulation under the more effective chairs Mark UIeda. The agency has withdrawn His lawsuits against OpenSea, Unisvap (Uni), Taverns, consensus, Robunja, Gemini and Invalidable (IMK) Last weeks.

Also established a crypto of the workforce conducted by the Hester Peirce Commissioner, which recently discovered public maintenance plans round table about key regulatory industry topics in the coming months.



https://crypto.news/app/uploads/2024/07/crypto-news-BitMEX-pleaded-guilty-to-violating-the-Bank-Secrecy-Act-option04.webp

2025-03-28 08:29:00

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