• The US SEC ended its investigation into Robinhood Crypto without taking any further action against the company.
• The SEC issued a Wells notice to Robinhood Crypto in May 2024 over the potential illegal listing of securities on its platform.
• This marks another win for the industry as the new SEC administration scales down the agency’s crypto crackdown.

Robinhood Crypto (RHC) announced on Monday that the United States (US) Securities & Exchange Commission (SEC) has dropped its investigation into the exchange less than a year after issuing a Wells notice and will not take any legal action.

Robinhood Crypto celebrates as SEC closes investigation with no enforcement action

Robinhood Crypto (RHC) announced that the…