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SEC Intensifies Legal Actions Against Crypto Firms

The U.S. Securities and Exchange Commission escalates its crackdown, targeting major crypto companies with lawsuits and investigations.

Overview

  • SEC issues Wells Notices to Robinhood and Uniswap, signaling imminent lawsuits for alleged securities violations.
  • Ethereum Foundation and Consensys under scrutiny for potential securities issues with ETH and MetaMask.
  • Coinbase and Binance continue to battle ongoing SEC lawsuits, challenging the classification of crypto as securities.
  • Legal experts criticize the SEC's aggressive strategy, suggesting it may be overreaching in its enforcement actions.
  • Recent court rulings on crypto regulations reveal a complex legal landscape, with mixed outcomes for the SEC.