Crypto.com sues SEC amid agency threats over Solana, Binance, Cardano tokens – DL News
- Crypto.com has filed suit against the SEC in a Texas court.
- The exchange wants to block the regulator from enforcing securities laws against it.
Crypto.com is suing the Securities and Exchange Commission, following an investigation into the company by the markets watchdog.
At issue? So-called “network tokens” including those of Solana, Binance, Cardano, and Algorand that are bought and sold on Crypto.com’s platform.
“This unprecedented action by our company against a federal agency is a warranted response to the SEC’s regulation-by-enforcement regime,” Crypto.com CEO Kris Marszalek posted on X on Tuesday.
This unprecedented action by our company against a federal agency is a warranted response to the SEC’s regulation by…
