The US Securities and Change Fee has formally closed its investigation into Crypto.com, with no motion taken in opposition to the crypto change, in line with the agency’s CEO, Kris Marszalek.
It comes seven months after the SEC issued a Wells discover to the crypto platform in August, signaling its intention to take authorized motion in opposition to the agency.
”They used each instrument out there to aim to stifle us, limiting entry to banking, auditors, traders, and past. It was a calculated try and put an finish to the business,” Marszalek mentioned in a March 27 X put up.
The SEC’s investigation into https://t.co/pFc4Pz9nFR has been closed with no motion being taken in opposition to https://t.co/pFc4Pz9nFR.
— Kris | Crypto.com (@kris) March 27, 2025
”The truth that we not solely persevered however grew to become stronger is a testomony to our imaginative and prescient and the neighborhood supporting it. Onwards!”
Crypto.com filed a lawsuit in opposition to the SEC in October, accusing the Gary Gensler-led fee of overstepping its authority and taking a “misguided” method to crypto regulation.
It is a growing story, and additional info might be added because it turns into out there.