SEC ends Crypto.com investigation without enforcement action

Crypto.com remains the only major exchange not sued or settled with the SEC, following the closure of its investigation without penalties.

The US Securities and Exchange Commission (SEC) has officially closed its investigation into Crypto.com without any enforcement action. In October 2024, Crypto.com filed a lawsuit against the agency, arguing that the SEC had overstepped its authority.

The case was dismissed in December, and the investigation has now ended without any penalties for the platform.

Crypto.com’s Chief Legal Officer, Nick Lundgren, welcomed the closure, criticising the prior SEC leadership for misusing its power against the crypto industry.

CEO Kris Marszalek echoed these…

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