With the arrival of Trump for crypto currency investors, the biggest change was on the SEC front. Yesterday they announced that breast coins were not securities. Today, it was decided to drop the case for another Altcoin. The price of Altcoin continues to increase.
Why is hex coin rising
SEC is taking huge steps in recent days. Binance The case was frozen for 60 days and the Coinbase case was officially dropped. Metamask investigation was closed. The Wells notification sent to Robinhood was wasted and the Uniswap investigation was closed. Now Hex Coin As the case opened in relation to the founder was reduced, the price started to rise again in the midst of the overall market drop.
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Brooklyn officially dropped the case of the US Regional Court of New York Carol Bagley Ammon. US Securities and Stock Exchange Commission (SEC) accused Pulsechain and Richard Heart of defrauding investors. Unlike other cases, there were allegations in this case such as abuse of funds and making luxury expenditures with the funds collected to develop technology.
Coinbase And unlike the others, what was dropping the case was that the judge’s claims were not sufficient. Within 20 days, the SEC has the right to reopen the case and can do it with additional evidence. If he does, today’s rise is probably reversed rapidly. Since this decision may be a precedent for other “abuse of funds”, SEC may not leave the job “to show that it will continue to fight fraud”. And if the evidence is intact, it should not leave.
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.
