{"id":49809,"date":"2025-03-28T14:36:18","date_gmt":"2025-03-28T14:36:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-com-clears-sec-investigation-without-action-plans-major-etf-launch\/"},"modified":"2025-03-28T14:36:18","modified_gmt":"2025-03-28T14:36:18","slug":"crypto-com-clears-sec-investigation-without-action-plans-major-etf-launch","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-com-clears-sec-investigation-without-action-plans-major-etf-launch\/","title":{"rendered":"Crypto.com Clears SEC Investigation Without Action, Plans Major ETF Launch"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p class=\"\" data-start=\"267\" data-end=\"526\">Crypto.com has announced the closure of its investigation by the US Securities and Exchange Commission (SEC) without facing any enforcement action. CEO Kris Marszalek confirmed the decision on March 27 through a post on X, celebrating the firm\u2019s resilience.<\/p>\n<p class=\"\" data-start=\"528\" data-end=\"856\"><em>\u201dThey used every tool available to attempt to stifle us, restricting access to banking, auditors, investors, and beyond. It was a calculated attempt to put an end to the industry,\u201d <\/em>Marszalek said<em>. \u201cThe fact that we not only persevered but became stronger is a testament to our vision and the community supporting it. Onwards!\u201d<\/em><\/p>\n<p class=\"\" data-start=\"858\" data-end=\"1147\">The investigation stemmed from a Wells notice issued in August, signaling the SEC\u2019s intent to pursue legal action. However, Crypto.com maintained its stance, eventually filing a lawsuit in October. The company accused the SEC, then chaired by Gary Gensler, of overstepping its authority.<\/p>\n<p class=\"\" data-start=\"1149\" data-end=\"1462\">Nick Lundgren, Crypto.com\u2019s chief legal officer, welcomed the resolution. \u201cWe are pleased that the current SEC leadership has made the decision to close its investigation into Crypto.com,\u201d he said. He also criticized the prior administration for what he called an abuse of authority to harm the crypto industry.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>177% up to 5BTC + 77 <strong> Free Spins<\/strong>!<\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 data-start=\"1469\" data-end=\"1513\"><strong data-start=\"1469\" data-end=\"1511\">SEC Shifts Stance Under New Leadership<\/strong><\/h2>\n<p class=\"\" data-start=\"1515\" data-end=\"1861\">The decision to drop the investigation reflects a broader shift in the SEC\u2019s approach. Since Mark Uyeda assumed the role of acting chair on January 20, the agency has taken a more cooperative stance toward crypto firms. The establishment of a Crypto Task Force led by SEC Commissioner Hester Peirce signals a willingness to engage the industry.<\/p>\n<p class=\"\" data-start=\"1863\" data-end=\"2211\">Several high-profile cases were dismissed in recent weeks, including actions against <a href=\"https:\/\/igaming.org\/cryptocurrencies\/coinbase\/\">Coinbase<\/a>, Consensys, Robinhood, and Uniswap. The SEC also dropped its civil enforcement case against Cumberland DRW on March 27. Additionally, the controversial rule requiring financial firms to record crypto holdings as liabilities was rescinded on January 23.<\/p>\n<p class=\"\" data-start=\"2213\" data-end=\"2350\">Meanwhile, Paul Atkins, Trump\u2019s nominee for SEC chair, is awaiting confirmation, potentially furthering the commission\u2019s new direction.<\/p>\n<p class=\"\" data-start=\"2416\" data-end=\"2692\">On the business front, Crypto.com recently joined forces with Trump Media to introduce a series of \u201cMade in America\u201d-themed exchange-traded funds (ETFs). Announced on March 24, the collaboration will see Crypto.com providing infrastructure and custody services for the ETFs.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"\" data-start=\"2694\" data-end=\"2921\">These funds could include prominent tokens like <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin (BTC)<\/a>, <a href=\"https:\/\/igaming.org\/cryptocurrencies\/ethereum-alternative-coin\/\">Ether (ETH)<\/a>, Solana (SOL), <a href=\"https:\/\/igaming.org\/cryptocurrencies\/ripple\/\">XRP<\/a>, and Cronos (CRO). The move highlights Crypto.com\u2019s ambitions to solidify its position in the evolving crypto investment landscape.<\/p>\n<p class=\"\" data-start=\"2923\" data-end=\"3065\">With regulatory challenges subsiding and new opportunities emerging, Crypto.com is poised to expand its market influence in the coming months.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/crypto-com-clears-sec-investigation-without-action-plans-major-etf-launch\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Crypto.com has announced the closure of its investigation by the US Securities and Exchange Commission (SEC) without facing any enforcement action. CEO Kris Marszalek confirmed the decision on March 27 through a post on X, celebrating the firm\u2019s resilience. \u201dThey used every tool available to attempt [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":49810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/49809"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=49809"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/49809\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/49810"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=49809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=49809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=49809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}