The American Securities and Exchange commission abandoned or paused on a dozen cases in progress (and lost one) since the American president Donald Trump took over the office a little over two months ago and appointed Commissioner Mark Uyeda as an acting president.
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The story
The American Commission for Securities and Exchange seems to have closed almost all of its cases related to unanswered cryptography – at least publicly disclosed – in the past two months since Mark Uyeda has taken on the acting president of the agency. In many judicial files, the SEC has argued that it had to withdraw these cases while the new working group on the crypto of the regulator is exactly how it applies exactly the laws on the titles to digital assets, although in at least some of these cases, the dry does not allow itself to use Sue again if it finds cryptos from previously active combinations.
Why it matters
Tktk
Decompose it
- Ripple: Ripple announced that he had concluded an agreement with the dry to abandon the appeal of the dry of the decision of the federal judge in 2023 and the Ripple appeal. Ripple will receive $ 75 million in the fine of $ 125 million which was estimated by a federal judge. The agreement does not yet seem to be on the file of the public court.
- Coinbase: Coinbase announced last month that he had entered into an agreement with the dry to abandon the regulator’s current file. The SEC has filed a file to withdraw the case with prejudice – which means that it cannot postpone the same accusations – and a judge signed the withdrawal at the end of February. SEC allegedly alleged that Solana (Sol), Cardano (ADA), Polygon (Matic), Sandbox (Sand), Fleccoin (Fil), Axie Infinity (AXS), Chiliz (CHZ), Flow (Flow), Internet Computer (ICP), near), Voyager (VGX), Dash (Dash) and Nexo (Nexo) as securities.
- Consensys: SEC said that she would abandon her file against consensys on the Metamask portfolio, said CEO Joe Lubin last month, and a joint stipulation rejecting the case with prejudice had been filed on March 27. An entry of the court of the court dated March 28 was interrupted.
- Krakenk: The SEC told Kraken that she would abandon her file against the alleging scholarship that she had violated securities and corporate and business funds ordered earlier this month. A joint stipulation rejecting the case was filed on March 27, although a judge does not seem to have signed for the moment.
- Cumberland DRW: SEC told Cumberland DRW that it would abandon its alleging file that it acts as a securities merchant not registered earlier this month. The SEC and Cumberland filed a request to suspend the procedure on March 18, claiming that “the parties agreed in principle to reject this dispute with prejudice” but needed three weeks to determine the details. The judge supervising the case granted the request, ordering the parties to file a joint state report by April 8, unless the submission of dismissal is on the file by then.
- Pulsechain: A federal judge rejected the pursuit of the dry against Pulsechain and Hex, saying that the agency did not show that the project targeted American investors and that it had jurisdiction over the case. The dry has until April 21 to file a modified complaint.
- ImmuTable: SEC told Imutable Labs that he had closed his investigation into the web games company3, he said earlier this week.
- Yuga Labs: The SEC closed its investigation into Yuga Labs, said NFT company earlier this month.
- Robinhood: the SEC told the Robinhood negotiation platform that she had closed her investigation into the company, she said at the end of last month.
- OPENSEA: SEC closed its investigation into Opensea, said the CEO of NFT Marketplace at the end of last month.
- UNISWAP: The SEC closed its investigation into Uniswap Labs, the firm announced last month.
- Gemini: The SEC closed its investigation into Gemini, said the co-founder Cameron Winklevoss last month.
- Binance: the dry and the binance (alongside the various parties / affiliated co-accused) deposited an interruption of the case of the regulator for 60 days in early February. The judge supervising the case interrupted the case until April 14, ordering the parties to file a joint situation report by then. The SEC has allegedly alleged that goods violations in parallel with violations of securities law, as well as allowing American people to negotiate on the world platform.
- TRON Foundation: SEC and the TRON Foundation (alongside the various parties / co-accused affiliated) were deposited to suspend the case of the dry for 60 days at the end of February. The judge supervising the case granted the request, which should allow the new deadline around April 27 (Sunday). SEC allegedly allegedly and fraud of the market, in parallel with registration violations linked to securities law.
- Crypto.com: Crypto.com announced on March 27 that the SEC had carried its file in the exchange of crypto and would not take any application measure. Trump Media, the company behind Truth Social, is also associated with exchange to issue negotiated products in exchange.
- Unicoin: Unicoin seems to be the only in progress investigation disclosed by the SEC, although his CEO has asked the agency to also close this survey.
- Hawk: Thursday, Haliey Welch, whose “Hawk” token seemed to pump and pour (from a market capitalization of $ 491 million to less than $ 100 million in minutes) when it was launched last year, TMZ told that the SEC had also closed its investigation into it.
- World Liberty Financial supported by Trump confirms Stablecoin’s plans in dollars with Bitgo: World Liberty Financial Lance USD1, Stablecoin, on Ethereum and BNB chain networks.
- Trump Media wants to associate with Crypto.com for the ETP program: Trump Media, the company behind the Truth social social network, wants to launch negotiated products in exchange for crypto with Crypto.com.
- US House Stablecoin Bill about to become public, the legislator at the top of cryptography says: The last stable bill of the Chamber’s bill aligns more closely with the Senate engineering bill, which has already been issued in committee, said representative Bryan Steil at the annual conference of the digital chamber.
- Trump attacked the world of freedom, launched financial his stable in Washington with Don Jr.: Donald Trump Jr. and other world leaders in Liberty Financial promoted his new stablecoin during the room event.
- Dry suggests an investigation into the unchanging web3 game company: The American Securities and Exchange committee has abandoned another investigation, that moment in immutable.
- Russian Crypto Exchange Closed Guarantor Repraids under the name of Grinex, Global Ledger finds: Guarantx is an exchange punishable by the United States and seized by international officials of law enforcement. This does not seem to have prevented some of its operators from renamed it as Grinene and launch a new one, based on chain and out -of -chain data.
- Crypto Bill to combat illicit activity obtains a new push after exceeding US House in 2024: Zach Nunn and Jim Himes representatives reintroduced the law on the protection of financial technology.
- President Trump forgives Arthur Hayes, 2 other co-founders of Bitmex: US President Donald Trump has forgiven Arthur Hayes, Ben Delo and Sam Reed, the co-founders of Bitmex. The three had all argued previously guilty of violations of the law on the secrecy of banks and were sentenced to parole.
- The SEI Foundation explores the purchase of 23andme to put genetic data on the blockchain: This title is explicit, although I would like to know more about what it would mean to put the genetic data of individuals on an unchanging public book.
THURSDAY
- 2:00 p.m. UTC (10:00 am) Paul Atkins and Jonathan Gould (among others) had to face the Senate banking committee for their confirmation audience. Apart from Senator John Kennedy (R-La.) Ask questions about Sam Bankman’s parents (and some other temporary references with the collapse of FTX), there were no questions related to the crypto.
- (Atlantic) Jeffrey Goldberg, the editor -in -chief of the Atlantic, said that it was inadvertently added to a signal group cat by national security advisor Michael Waltz, who contained other key personalities from the Trump administration and where the defense secretary Pete Hegseth shared details on an imminent strike on Yemen before. The envoy of the Middle East (and the financial investor of world freedom), Steve Witkoff, confirmed that he was part of the group through one of his “personal devices”, rather than his secure telephone issued by the government. Tulsi Gabbard, director of national intelligence and John Ratcliffe, director of the CIA, said that the messages were not classified and that the Atlantic had published them.
- (Cable) An VenMo account named “Michael Waltz” that the wired reports were “linked to accounts bearing the names of people closely associated with him” left his public transactions until the press organization has contacted this.
- (The penis) US President Donald Trump dismissed Federal Commerce Commissioners Alvaro Bedoya and Rebecca Slaughter, both Democrats, would have violated a precedent of the Supreme Court. The two have since continued Trump by contesting the layoffs.
- (The Washington Post) The IRS provides that it will collect $ 500 billion less in 2025 than in 2024, the position reported.
- (New York Times) “SpaceX is positioned to see billions of dollars of new federal contracts or other support,” said Times.
- (The Washington Post) The plainclothes agents arrested the student of the doctorate at Tufts Rumeysa Ozturk University and moved it to a Louisiana establishment. The Ministry of Internal Security said that it “gave it to activities in support of Hamas”, but has not published any evidence in support of the complaint. Secretary of State, Marco Rubio, said that he had canceled Ozturk’s visa because she “created a heckling”, but does not seem to allege that she has committed crimes.
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