Trump Effect...U.S. SEC Halts 11 Cryptocurrency Lawsuits and Investigations

JOON HYOUNG LEE

Summary

The U.S. SEC has halted numerous cryptocurrency-related lawsuits and investigations following the inauguration of the Trump administration.
A total of 11 cryptocurrency-related lawsuits and investigations have been halted, with the lawsuit against Coinbase being a prime example.
The SEC's investigations into Robinhood, Uniswap, and Consensus have also been suspended.

The U.S. Securities and Exchange Commission (SEC) has reportedly halted numerous cryptocurrency-related lawsuits and investigations following the inauguration of the Trump administration.

Crypto analytics platform Unfolded announced on the 7th through its official X account that "the SEC has dismissed or temporarily suspended lawsuits and investigations targeting cryptocurrency companies."

According to Unfolded, a total of 11 cryptocurrency-related lawsuits and investigations have been halted since Donald Trump took office as U.S. President. A prime example is the lawsuit against cryptocurrency exchange Coinbase, which the SEC withdrew last month. The SEC has also recently suspended investigations into Robinhood, Uniswap, and Consensys.

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