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SEC softened 60% of crypto cases under Trump, NYT reports
Under the administration of Donald Trump, the U.S. Securities and Exchange Commission (SEC) has “softened” its stance on roughly 60% of crypto-related enforcement actions, according to a report by The New York Times. Since Donald Trump took office as U.S. president in January, the SEC has paused, dropped, or dismissed around 60% of cases involving companies and projects in the cryptocurrency industry, the report said. High-profile cases were cited, including the SEC’s lawsuits against Ripple Labs and Binance. The report added that the regulator “is no longer actively pursuing any cases against firms known for ... (full story)
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