Crypto.com Files Lawsuit Against SEC After Receiving Wells Notice
Crypto.com has filed a lawsuit against the US Securities and Exchange Commission (SEC) just over a month after receiving a formal warning from the regulator
In a statement, the crypto exchange said it is suing the SEC to “protect the future of the crypto industry in the US” following the receipt of a Wells Notice on 22 August.
A Wells Notice is usually sent ahead of launching a formal lawsuit. OpenSea, Coinbase, Uniswap Labs, Ripple, Robinhood, Consensys, and BUSD issuer Paxos are among those in the increasing list of crypto firms that have received such notices.
OpenSea Receives Wells Notice From SEC But Who Hasn’t?
OpenSea joins the SEC’s Wells Notice club featuring Coinbase, Uniswap Labs, Ripple, Robinhood, Consensys,…
