SEC ’eased up on’ 60% of crypto enforcement cases under Trump: Report
The SEC reportedly dropped or paused 60% of crypto enforcement cases under the Trump administration for legal reasons.Summary
A New York Times report indicates that the US Securities and Exchange Commission (SEC) paused, dropped investigations related to, or dismissed approximately 60% of cases involving cryptocurrency companies and projects since President Donald Trump took office in January. This rate is significantly higher than for other securities law cases, including high-profile lawsuits against Ripple Labs and Binance. The SEC claims this shift was due to legal and policy reasons, not political favoritism, and the outlet found no evidence of presidential pressure. Industry figures suggest the pivot reflects a change from a previously 'insane' regulatory posture. Meanwhile, entities linked to the Trump family have increased their involvement in digital assets, and the last remaining Democratic SEC commissioner, Caroline Crenshaw, is expected to depart soon, having been critical of the agency's crypto enforcement under the current administration.
(Source：Cointelegraph)