The U.S. Securities and Exchange Commission has dropped or paused over a dozen ongoing cases (and lost one)

The U.S. Securities and Exchange Commission has dropped or paused over a dozen ongoing cases (and lost one) since U.S. President Donald Trump retook office

The U.S. Securities and Exchange Commission has dropped or paused over a dozen ongoing cases (and lost one) since U.S. President Donald Trump retook office just over two months ago and appointed Commissioner Mark Uyeda as acting chair.

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One left?

The narrative

The U.S. Securities and Exchange Commission appears to have closed almost all of its outstanding crypto-related cases – at least the publicly disclosed ones – in the last two months since Mark Uyeda took over as acting chair of the agency. In many of the court filings, the SEC argued that it needs to pull these cases while the regulator's new crypto task force reassesses how exactly it applies the securities law to digital assets, though in at least some of these cases the SEC is leaving itself no recourse to sue again should it find some cryptos from previously active suits are indeed securities.

Why it matters

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Breaking it down

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