In a rare moment in crypto history, Crypto.com has voluntarily withdrawn its lawsuit against the U.S. Securities and Exchange Commission (SEC).
Considering the history of constant tussles between crypto firms and regulators—particularly the SEC—the decision came as a surprise to the crypto community.
Filed in October, the crypto exchange’s lawsuit challenged the SEC’s authority and alleged the regulator overstepped its jurisdiction by labeling certain digital assets as “crypto asset securities.”
The timing of this decision is no coincidence—it follows a meeting between the crypto exchange’s CEO, Kris Marszalek, and President-elect Donald Trump at Mar-a-Lago on December 16. The CEO even shared a picture he took with the…
Jul 12 2025
