Crypto.com關閉了SEC的調查，CRO Price反應短暫反應

昨天，記者埃莉諾·特雷特（Eleanor Terrett）報告說，SEC已正式關閉了對Crypto.com的調查。

The U.S. Securities and Exchange Commission (SEC) has closed its case against cryptocurrency exchange Crypto.com without taking any enforcement actions, journalist Eleanor Terrett reported on Wednesday, March 1.

記者埃莉諾·特雷特（Eleanor Terrett）在3月1日星期三報導說，美國證券交易委員會（SEC）已關閉了針對加密貨幣交易所Crypto.com的案件。

The confirmation also came from the company’s CEO, Kris Marszalek.

確認還來自公司的首席執行官克里斯·馬薩萊克（Kris Marszalek）。

The reaction of the CRO price was immediate, but not particularly significant.

CRO價格的反應是立即的，但不是特別重要。

The SEC against Crypto.com

SEC反對crypto.com

The SEC had started investigating the exchange Crypto.com some time ago, to the point that the exchange initially decided to completely exit the U.S. market.

SEC已經開始研究Exchange Crypto.com，以至於交易所最初決定完全退出美國市場。

In October 2024, Crypto.com had received a Wells Notice from the agency, notifying it of the start of official investigations.

2024年10月，Crypto.com收到了該機構的Wells通知，並通知了該機構的正式調查。

However, the situation changed the following month, with the electoral victory of Donald Trump.

但是，隨著唐納德·特朗普的選舉勝利，情況發生了變化。

After the victory of Joe Biden in November 2020, the presidency of the agency was entrusted to the Democrat Gary Gensler in April 2021, and since then the SEC has launched a kind of war against cryptocurrencies and against crypto exchanges.

喬·拜登（Joe Biden）於2020年11月勝利後，該機構的總統職位於2021年4月委託給民主黨人加里·貢斯勒（Gary Gensler），從那時起，SEC就發起了一場針對加密貨幣的戰爭和對加密貨幣交易所的戰爭。

This strategy continued until November of last year, when with the victory of the Republican Trump, Gensler announced his resignation, which then became effective starting from the day of Trump’s inauguration at the White House, on January 20, 2025.

這項策略一直持續到去年11月，當時共和黨特朗普的勝利宣布辭職，從2025年1月20日，從特朗普在白宮就職典禮上開始，這一策略隨後從特朗普的就職典禮開始。

Now the agency’s strategy has completely changed, also because it is currently being led pro tempore by the repubblicano Mark Uyeda, favorable to crypto, and it is expected that its leadership will be entrusted to Paul Atkins, who is also favorable to crypto.

現在，該機構的戰略已經完全改變，也是因為目前由Repubblicano Mark Uyeda領導的臨時賽，有利於加密貨幣，並且預計其領導能力將委託給Paul Atkins，Paul Atkins也對加密貨幣也有利。

It is not surprising, therefore, that after initiating and closing many cases against crypto companies, the SEC eventually also closed the one against Crypto.com.

因此，毫不奇怪，在對加密公司發起並結束許多案件後，SEC最終也關閉了反對Crypto.com的案件。

The consequences

後果

As revealed by Eleanor Terrett, and confirmed by Kris Marszalek, the SEC lawsuit against Crypto.com has been closed without any enforcement actions being taken against the exchange.

正如埃莉諾·特雷特（Eleanor Terrett）所揭示的，並由克里斯·馬斯扎爾克（Kris Marszalek）確認，針對Crypto.com的SEC訴訟已關閉，沒有採取任何執行訴訟。

In fact, this initiative by the agency that oversees the American securities market turned out to be completely useless in the end, as well as unnecessarily costly both for the exchange and for the agency itself. It should be remembered that the SEC is funded, of course, with taxes paid by taxpayers.

實際上，監督美國證券市場的該機構最終是完全沒有用的，對於交易所和代理商本身而言，這是完全無用的。應該記住，SEC當然是由納稅人繳納的稅款資助的。

It should also be added that the same exchange had in turn sued the SEC for abuse of jurisdiction, after receiving the Wells Notice, because the U.S. Securities and Exchange Commission should only deal with the securities market, and not with that of commodities, whose oversight is entrusted to the CFTC.

還應該補充說，同樣的交易所又在收到韋爾斯通知後起訴了SEC濫用管轄權，因為美國證券交易委員會只能與證券市場交易，而不是與商品的監督委託給CFTC的商品。

The key point of the entire SEC strategy was precisely to consider many cryptocurrencies as securities, that is, investment contracts, and not simple commodities. Only Bitcoin was certainly identified as a commodity, while the agency even had some doubts about Ethereum.

整個SEC策略的關鍵點是將許多加密貨幣視為證券，即投資合同，而不是簡單的商品。當然，只有比特幣被確定為商品，而該機構甚至對以太坊有一些疑問。

Finally, it should be noted that in 2023 a court explicitly ruled against the SEC on this very point, within a lawsuit against Ripple concerning XRP, as it explicitly ruled that the sale of XRP on the secondary market (the exchanges) could not be considered the sale of investment contracts.

最後，應該指出的是，在2023年，在這一點上，在針對有關XRP的波紋的訴訟中，法院明確裁定了SEC，因為它明確裁定在二級市場上出售XRP（交易所）不可能被視為投資合同的出售。

The reaction of CRO’s price after Crypto.com’s victory against the SEC

Cro的價格在Crypto.com擊敗SEC之後的反應

CRO is the native cryptocurrency of the Cronos project, behind which, however, there is Crypto.com itself.

CRO是CRONOS項目的本地加密貨幣，但是在該項目後面，有Crypto.com本身。

For almost three years now, the price of CRO has been struggling, to the point of still being at -89% from the highs of 2021.

近三年來，CRO的價格一直在掙扎，至2021年的高點仍處於-89％。

To tell the truth, that of 2021 was an evident speculative bubble that burst the following year, so much so that the initial price at the end of 2020 was enormously lower.

說實話，2021年的投機性泡沫是次年破裂的，以至於2020年底的初始價格大大降低了。

The big problem is that before the bubble started to inflate, CRO was sailing around 6 cents of the dollar, while now it is around 10 cents.

最大的問題是，在泡沫開始膨脹之前，CRO的航行量約為6美分，而現在大約為10美分。

In fact, at the end of October 2024, it had even dropped below 8 cents, dangerously close to those 6 cents it had exactly four years earlier.

實際上，在2024年10月底，它甚至跌至8美分以下，危險地接近四年前的6美分。

The situation changed in November with the victory of Donald Trump, which also brought about a change in strategy by the SEC, which is no longer headed by Gary Gensler but by Mark Uyeda, at least until the arrival of the new chairman, who should be Paul Atkins. Both are known for being more favorable to crypto.

隨著唐納德·特朗普（Donald Trump）的勝利，情況發生了變化，唐納德·特朗普（Donald Trump）的勝利也導致了SEC的戰略變化，而唐納德·特朗普（SEC）不再由加里·蓋斯勒（Gary Gensler）領導，但馬克·烏耶達（Mark Uyeda）至少要直到新任主席的到來，後者應該是保羅·阿特金斯（Paul Atkins）。兩者都以更有利於加密貨幣而聞名。

The consequence of this change was that in December the SEC closed its case against Crypto.com without taking any enforcement actions.

這一變化的後果是，12月，美國證券交易委員會在不採取任何執法措施的情況下關閉了針對Crypto.com的案件。

However, also according to reports from the Street Journal in February, the agency is preparing to sue several other crypto firms.

但是，根據2月《街頭日報》的報導，該機構正在準備起訴其他幾家加密貨幣公司。

The case against Crypto.com began in 2023 with a Wells Notice, which the exchange responded to by suing the SEC itself for abuse of jurisdiction.

針對Crypto.com的案件始於2023年，並發出了一條通知，該交易所通過起訴SEC本身濫用管轄權來做出回應。

The agency started investigating the exchange in 2021, after the role of the agency’s president became more crucial.

該機構在該機構總統的角色變得更加重要之後，於2021年開始調查交易所。

After the outbreak of the corona pandemic in 2

電暈大流行爆發後2