The US Securities and Alternate Fee has formally closed its investigation into Crypto.com, with no motion taken towards the crypto trade, in accordance 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 towards the agency.
”They used each device out there to try to stifle us, limiting entry to banking, auditors, buyers, and past. It was a calculated try to put an finish to the trade,” Marszalek stated in a March 27 X submit.
The SEC’s investigation into https://t.co/pFc4Pz9nFR has been closed with no motion being taken towards https://t.co/pFc4Pz9nFR.
— Kris | Crypto.com (@kris) March 27, 2025
”The truth that we not solely persevered however turned stronger is a testomony to our imaginative and prescient and the group supporting it. Onwards!”
Crypto.com filed a lawsuit towards the SEC in October, accusing the Gary Gensler-led fee of overstepping its authority and taking a “misguided” strategy to crypto regulation.
This can be a growing story, and additional data will probably be added because it turns into out there.