SOL, ADA listed in Crypto.com Wells notice
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SEC strikes again
In an exciting start to the SEC’s 2024-2025 fiscal year, Singapore-based Crypto.com has been served a Wells notice, and, in response, filed a suit against the securities regulator.
In its complaint, the exchange says the SEC is “unlawfully expanding its jurisdiction to cover secondary-market sales” of certain cryptocurrencies. These certain tokens are, according to Crypto.com: SOL, ADA, BNB, FIL, FLOW, ICP, ATOM, ALGO, NEAR and DASH.
There are some familiar names here. In its lawsuit against Coinbase, the SEC also named SOL, ADA, FLOW, NEAR,…