Trump’s SEC plans crypto overhaul, may freeze crypto lawsuits: report
The U.S. SEC is set for a significant shift in cryptocurrency policy under the incoming Trump administration. According to Reuters, the SEC is preparing to review its enforcement actions, potentially freezing or even withdrawing cases that do not involve fraud allegations. The move would mark a stark departure from outgoing SEC Chair Gary Gensler’s aggressive […]
Federal prosecutors to downsize crypto lawsuits
Relief for cryptocurrency businesses is emerging as prosecutors signal plans to scale back crackdowns following President Donald Trump’s re-election. Federal prosecutors from the U.S. Attorney’s Office in Manhattan indicated they will reduce litigation against cryptocurrency firms after securing key convictions, according to Reuters. TThe shift follows high-profile victories, including the conviction of FTX founder Sam […]
