The US securities regulator closed its probe into Crypto.com 7 months aft serving the crypto level with a Wells announcement successful August.
The US Securities and Exchange Commission has officially closed its probe into Crypto.com, with nary enactment taken against the crypto exchange, according to the firm’s CEO, Kris Marszalek.
It comes 7 months aft the SEC issued a Wells announcement to the crypto level successful August, signaling its volition to instrumentality ineligible enactment against the firm.
”They utilized each instrumentality disposable to effort to stifle us, restricting entree to banking, auditors, investors, and beyond. It was a calculated effort to enactment an extremity to the industry,” Marszalek said successful a March 27 X post.
The SEC’s probe into https://t.co/pFc4Pz9nFR has been closed with nary enactment being taken against https://t.co/pFc4Pz9nFR.
— Kris | Crypto.com (@kris) March 27, 2025”The information that we not lone persevered but became stronger is simply a testament to our imaginativeness and the assemblage supporting it. Onwards!”
Crypto.com filed a suit against the SEC successful October, accusing the Gary Gensler-led committee of overstepping its authorization and taking a “misguided” attack to crypto regulation.
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.