-
Crypto.com Has Filed Suit Against the SEC to Protect the Future of Crypto in the U.S.
Today, Crypto.com has filed suit against the U.S. Securities and Exchange Commission (SEC). We are doing so to protect the future of the crypto industry in the U.S., joining a series of our peers who are actively defending themselves and taking action against a misguided federal agency acting beyond its authorization under the law. Our decision to sue the SEC follows our receipt of a Wells notice from the Commission staff, illustrating that the SEC’s unauthorized and unjust regulation by enforcement campaign continues despite bipartisan indications that the next Administration will take a more constructive and ... (full story)
-
This unprecedented action by our company against a federal agency is a warranted response to the SEC’s regulation by enforcement regime which has hurt more than 50 million American crypto holders.
— Kris | Crypto.com (@kris) October 8, 2024
-
And to use all regulatory tools available to bring certainty to the industry through proper rulemaking, https://t.co/pFc4Pz9nFR has also filed a petition with the CFTC and SEC to confirm crypto derivative products categorization.
— Kris | Crypto.com (@kris) October 8, 2024
-
While we welcome recent bipartisan support for the industry, that message has not been received by current SEC leadership that issued us a Wells notice.
— Kris | Crypto.com (@kris) October 8, 2024
-
The SEC’s unauthorized overreach and unlawful rulemaking regarding crypto must stop.
— Kris | Crypto.com (@kris) October 8, 2024