SEC is investigating crypto.com

The US stock exchange supervision SEC has officially completed its investigation against Crypto.com. According to the company's CEO, Kris Marszalek, no further measures were taken against the crypto exchange.

“They tried to suppress us by all means and to restrict access to banks, auditors, investors and beyond. It was a calculated attempt to put an end to the industry,” said Marszalek in one Contribution from March 27th.

“The fact that we not only kept through but have become stronger is proof of our vision and the community that supports it. Keep it up!”

This happens seven months after the SEC published a so-called Wells Notice to the crypto platform in August, in which it signaled its intention to take legal steps against the company.

“We are pleased that the new SEC leadership has made the decision to cease their investigations against Crypto.com”, added Nick Lundgren, Chief Legal Officer of Crypto.com, added in a statement dated March 27, in which he accused the previous government to abuse its powers to harm the crypto industry.

Crypto.com had a lawsuit against the Sec in October, two months after the Wells Notice submitted And the commission led by Gary Gensler accused of exceeding their powers and a “wrong” Approach to follow in crypto regulation.

SEC withdraws further

The announcement of Crypto.com follows a wave of other crypto investigations and processes that the SEC has set in the past five weeks, including procedures against Coinbase, Consensys, Robinhood, GeminiUgap, OpenSea And recently also immutable.

The SEC also temporarily set.

Since Mark Uyeda took over the management of the authority on January 20 after the resignation of the former chairman Gary Gensler, the SEC has followed a much friendlier approach to the crypto industry. To support this new approach, the SEC has one Crypto-taskform Under the direction of Sec-Commissioner Hester Peirce.

It also lifted a controversial rule that demanded cryptocurrencies from financial companies to show them on January 23 as liabilities in their balance sheets.

Trump's candidate for the SEC presidency, Paul Atkins, is getting closer and closer to the top of the SEC after being stopped by the disclosure of his financial data.

Meanwhile, Crypto.com on March 24th with Trump Media togetherto put on a number of listed crypto funds under the motto “Made in America” ​​this year.

Crypto.com will provide the infrastructure and the custody services to provide the crypto tokens for ETFs that can include a basket of tokens, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP (XRP) and cronos (CRO).