Crypto currency Investors demanded that the cases other than fraud be stopped. With the change of the US administration, the SEC, which has become a new form, is now giving up vomiting hate in the crypto. Robinhood explained the details of the important development with his latest post.
SEC and Crypto Money Investigations
Coinbase The case was announced last week. Before we saw that the Binance case was frozen for 60 days. The last move was about the investigation launched to the Robinhood Exchange. The company wrote that SEC received a letter from the Executive Department on Friday and that they had no intention of progressing to the investigation against them.
In May 2024, Robinhood had previously learned that he could be accused of violating the Potential Securities Law within the crypto unit after receiving the court subpoena for crypto currency lists, storage and platform operations. The concept of the Wells declaration had already learned crypto currency investors. These notifications, such as rain to crypto companies, said that the institution was preparing to file a lawsuit against possible irregularities.
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Now Wells notification We see that the platforms, which do not carry out fraud activity, and who are guilty of only the manstal management see all subcoins as securities, breathe comfortably. This shows that SEC is still on the way to punctuating the Crypto cases at the investigation phase, and it is very positive for subcoins.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
