SEC Drops Lawsuit Against YouTuber and Crypto influencer Ian Balina
The U.S. Securities and Exchange Commission (SEC) has officially dropped its case against YouTuber and crypto influencer Ian Balina, according to a joint stipulation filed in a Texas federal court on May 1. The agency stated it believed the dismissal of this case is appropriate, and asked for the case to be closed without any costs or penalties for either party.
During previous conversations about the 2017 ICO boom period Balina announced the pending dismissal of the case against him. Balina described the dismissal of legal proceedings as a victory for fair crypto regulation while pointing out that his case was never about personal gains in a March 13 social media post. The Token Metrics team expressed through its comments that this…
