Crypto.com关闭了SEC的调查，CRO Price反应短暂反应

昨天，记者埃莉诺·特雷特（Eleanor Terrett）报告说，SEC已正式关闭了对Crypto.com的调查。

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.

记者埃莉诺·特雷特（Eleanor Terrett）在3月1日星期三报道说，美国证券交易委员会（SEC）已关闭了针对加密货币交易所Crypto.com的案件。

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

确认还来自公司的首席执行官克里斯·马萨莱克（Kris Marszalek）。

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

CRO价格的反应是立即的，但不是特别重要。

The SEC against Crypto.com

SEC反对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已经开始研究Exchange Crypto.com，以至于交易所最初决定完全退出美国市场。

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收到了该机构的Wells通知，并通知了该机构的正式调查。

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

但是，随着唐纳德·特朗普的选举胜利，情况发生了变化。

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.

乔·拜登（Joe Biden）于2020年11月胜利后，该机构的总统职位于2021年4月委托给民主党人加里·贡斯勒（Gary Gensler），从那时起，SEC就发起了一场针对加密货币的战争和对加密货币交易所的战争。

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.

这项策略一直持续到去年11月，当时共和党特朗普的胜利宣布辞职，从2025年1月20日，从特朗普在白宫就职典礼上开始，这一策略随后从特朗普的就职典礼开始。

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.

现在，该机构的战略已经完全改变，也是因为目前由Repubblicano Mark Uyeda领导的临时赛，有利于加密货币，并且预计其领导能力将委托给Paul Atkins，Paul Atkins也对加密货币也有利。

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，在对加密公司发起并结束许多案件后，SEC最终也关闭了反对Crypto.com的案件。

The consequences

后果

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.

正如埃莉诺·特雷特（Eleanor Terrett）所揭示的，并由克里斯·马斯扎尔克（Kris Marszalek）确认，针对Crypto.com的SEC诉讼已关闭，没有采取任何执行诉讼。

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.

实际上，监督美国证券市场的该机构最终是完全没有用的，对于交易所和代理商本身而言，这是完全无用的。应该记住，SEC当然是由纳税人缴纳的税款资助的。

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.

还应该补充说，同样的交易所又在收到韦尔斯通知后起诉了SEC滥用管辖权，因为美国证券交易委员会只能与证券市场交易，而不是与商品的监督委托给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.

整个SEC策略的关键点是将许多加密货币视为证券，即投资合同，而不是简单的商品。当然，只有比特币被确定为商品，而该机构甚至对以太坊有一些疑问。

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.

最后，应该指出的是，在2023年，在这一点上，在针对有关XRP的波纹的诉讼中，法院明确裁定了SEC，因为它明确裁定在二级市场上出售XRP（交易所）不可能被视为投资合同的出售。

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

Cro的价格在Crypto.com击败SEC之后的反应

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

CRO是CRONOS项目的本地加密货币，但是在该项目后面，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.

近三年来，CRO的价格一直在挣扎，至2021年的高点仍处于-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.

说实话，2021年的投机性泡沫是次年破裂的，以至于2020年底的初始价格大大降低了。

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.

最大的问题是，在泡沫开始膨胀之前，CRO的航行量约为6美分，而现在大约为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.

实际上，在2024年10月底，它甚至跌至8美分以下，危险地接近四年前的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.

随着唐纳德·特朗普（Donald Trump）的胜利，情况发生了变化，唐纳德·特朗普（Donald Trump）的胜利也导致了SEC的战略变化，而唐纳德·特朗普（SEC）不再由加里·盖斯勒（Gary Gensler）领导，但马克·乌耶达（Mark Uyeda）至少要直到新任主席的到来，后者应该是保罗·阿特金斯（Paul Atkins）。两者都以更有利于加密货币而闻名。

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

这一变化的后果是，12月，美国证券交易委员会在不采取任何执法措施的情况下关闭了针对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，根据2月《街头日报》的报道，该机构正在准备起诉其他几家加密货币公司。

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.

针对Crypto.com的案件始于2023年，并发出了一条通知，该交易所通过起诉SEC本身滥用管辖权来做出回应。

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

该机构在该机构总统的角色变得更加重要之后，于2021年开始调查交易所。

After the outbreak of the corona pandemic in 2

电晕大流行爆发后2