The US stock and values commission. UU. Has retired or detained in more than a dozen cases in progress (and lost one) since the president of the United States, Donald Trump, resumed the office just over two months ago and appointed Commissioner Mark Uyeda as interim president.
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The narrative
The US stock and values commission. UU. It seems to have closed almost all its outstanding cases related to cryptography, at least those publicly revealed, in the last two months since Mark Uyeda assumed the position of interim president of the agency. In many of the judicial presentations, the SEC argued that it needs to extract these cases, while the new cryptographic working group of the regulator reassess how exactly the securities laws to digital assets are applied, although at least in some of these cases the SEC is not resorting to demand again if you will find some previously active demands of demands are values.
Why does it matter
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Break down
- Ripple: Ripple announced that he had reached an agreement with the SEC to eliminate the appeal of the SEC of the 2023 ruling of a federal judge and the cross appeal of Ripple. Ripple will receive $ 75 million from the $ 125 million fine that was evaluated by a federal judge. The agreement still does not seem to be in the public court file.
- Coinbase: Coinbase announced last month that it had reached an agreement with the SEC to eliminate the current case of the regulator against it. The SEC requested to withdraw the case with prejudice, which means that it cannot bring the same positions again, and a judge signed the withdrawal at the end of February. The SEC alleged that Solana (Sol), Cardano (ADA), Polygon (Matic), Sandbox (Sand), Filecoin (FIL), Axie Infinity (Axs), Chiliz (CHZ), Flow (Flow), Internet Computer (ICP), near (near), Voyager (VGX), Dash (Dash) and nexus (Nexus) Everything seemed to be commercialized as an initial property.
- CONSENTS: The SEC said it would leave its case against consensys about the Metamask wallet, Joe Lubin CEO said last month, and a joint stipulation dismissing the case with prejudice was presented on March 27. An entry of judicial file dated March 28 said that the civil case is over.
- Kraken: The SEC told Kraken that he would leave his case against the exchange claiming that he violated the securities laws and turned on client and corporate funds earlier this month. On March 27 there was a joint stipulation that dismissed the case, although a judge still does not seem to have signed.
- CUMBERLAND DRW: THE SEC told Cumberland DRW that he would drop his case claiming that he was acting as a trafficker of values not registered earlier this month. The SEC and Cumberland presented a motion to remain in the procedures on March 18, saying that “the parties have agreed in principle to dismiss this litigation with prejudice”, but they needed three weeks to solve the details. The judge supervising the case granted the motion, ordering the parties that submit a joint status report before April 8 unless the dismissal presentation is in the file by then.
- PULSECHAIN: A federal judge dismissed the demand of the SEC against Pulsechain and Hex, saying that the agency did not show plausibly that the project attacked US investors and had jurisdiction on the case. The SEC has until April 21 to file a complaint amended.
- IMMUTABLE: The SEC told immutable Labs that he closed his research at the web3 games firm, he said earlier this week.
- Yuga Labs: The SEC closed its research at Yuga Labs, NFT firm said earlier this month.
- Robinhood: The SEC told the Robinhood commercial platform that he closed his research in the company, he said at the end of last month.
- Opensea: The SEC closed its investigation in Onsaa, said the CEO of the NFT Marketplace at the end of last month.
- UNISWAP: SEC closed its investigation at Uniswap Labs, the firm announced last month.
- Gemini: The SEC closed its research at Gemini, said co -founder Cameron Winklevos last month.
- Binance: the SEC and Binance (together with the various affiliated/co-different parts) were presented to stop the case of the regulator for 60 days in early February. The judge supervised the case arrested the case until April 14, ordering the parties that submit a joint status report by then. The SEC alleged mixing violations along with violations of the Securities Law, as well as allowing people to trade on the global platform.
- Tron Foundation: The SEC and the Tron Foundation (together with the various affiliated/coacked parts appointed) presented to stop the case of the SEC for 60 days at the end of February. The judge supervising the case granted the motion, which should take the new deadline to April 27 (one Sunday). The assumption supposed manipulation and fraud of the market, together with registration violations related to the Securities Law.
- Crypto.com: Crypto.com announced on March 27 that the SEC had closed its case in Crypto’s exchange and would not take any compliance action. Trump Media, the company behind Truth Social, is also being associated with the exchange to broadcast products listed in the stock market.
- Unicoin: Unicoin seems to be the only ongoing investigation publicly revealed by the SEC, although its CEO has asked the agency to close that research as well.
- Hawk: Thursday, Haliey Welch, whose “Hawk” file seemed to pump and turn (falling from a market capitalization of $ 491 million to less than $ 100 million in minutes) when it was launched last year, he told TMZ that the SEC had also closed its investigation into it.
- World Liberty Financial, backed by Trump, confirms the plans of Dollar Stablecoin with Bitgo: World Liberty Financial is launching USD1, a stablecoin, in the networks of Ethereum and BNB chain.
- Trump Media wants to partner with Crypto.com for the emission of ETP: Trump Media, the company behind the social network of Truth Social, wants to launch criticized products in Crypto exchange with Crypto.com.
- The bill of the House of Representatives of the House of the United States is about to become public, the legislator at the top of the cryptography panel says: The last draft Stablecoin of the House of Representatives is more closely aligned with the Senate genius, which has already gone through the committee, said representative Bryan Steil at the annual conference of the digital camera.
- WORLD LIBERI Donald Trump Jr. and other World Financial Leaders of Liberty promoted their new stablcoin at the Chamber event.
- The SEC leaves research at the Immutable Web Game Company: The United States Stock Exchange and Securities Commission has eliminated another investigation, this time in immutable.
- The exchange of closed Russian crypto Garantex returns to brand as Grinex, Global Ledger finds: Garantex is an exchange sanctioned by the United States and seized by international law officials. That does not seem to have prevented some of their operators from renowing it as Grinex and launch again, based on chain data and outside the chain.
- Crypto Bill to combat illegal activity obtains a new impulse after passing the United States house in 2024: Representatives Zach Nunn and Jim Himes have reintroduced the Financial Technology Protection Law.
- President Trump Pardoons Arthur Hayes, another 2 Bitmex co -founders: The president of the United States, Donald Trump, forgave Arthur Hayes, Ben Delo and Sam Reed, the co -founders of Bitmex. The three had previously declared guilty of violations of the Bank Secrets Law and were sentenced to probation.
- The Sei Foundation explores the purchase of 23Andme to put genetic data in blockchain: This holder explains for himself, although I would love to know more about what he would mean putting the genetic data of people in an immutable greater book.
Thursday
- 14:00 UTC (10:00 am et) Paul Atkins and Jonathan Gould (among others) faced the Senate Banking Committee for their confirmation audience. Outside Senator John Kennedy (R-La.) Asking questions about Sam Bankman-Fried’s parents (and some other passing references to FTX collapse), there were no questions related to cryptography.
- (The Atlantic) Jeffrey Goldberg, a chief editor of the Atlantic, inadvertently added to a signal group chat by national security advisor Michael Waltz, which contained other key figures in the Trump administration and where the Secretary of Defense, Pete Hegseth, shared details about an imminent attack in Yemen before it occurred. The envoy of the Middle East (and World Financial Investor of Liberty) Steve Witkoff confirmed that it was part of the group through one of its “personal devices”, instead of your safe phone issued by the Government. Tulsi Gabbard, director of National Intelligence and John Ratcliffe, director of the CIA, said the messages were not classified and that the Atlantic published them.
- (Wired) An avemo account called “Michael Waltz” that Wired reports were “connected to accounts with the names of people closely associated with it” left their transactions public until after the news organization approached in this regard.
- (The edge) The president of the United States, Donald Trump, dismissed the federal federal commissioners of Federal Trade Álvaro Bedoya and Rebecca Slaughter, both Democrats, according to the violation of a precedent of the Supreme Court. Since then, they have sued Trump disputing the shots.
- (The Washington Post) The IRS is projecting that it will charge $ 500 billion less in 2025 than in 2024, the post reported.
- (The New York Times) “Spacex is positioning to see billions of dollars in new federal contracts or other support,” said Times.
- (The Washington Post) Clightes officers arrested the doctoral student at the University of Tufts Rumeysa Ozturb and transferred it to a Louisiana installation. The National Security Department said that “he participated in activities in support of Hamas”, but has not published any evidence that supports the claim. The Secretary of State, Marco Rubio, said he canceled the Ozturb visa because he was “creating a fuss”, but does not seem to claim that he committed any crime.
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