Recently, the US Securities and Exchange Commission (SEC) has made a significant change in its attitude towards the cryptocurrency sector, halting or withdrawing lawsuits and investigations against many major cryptocurrency companies. This step is considered a harbinger of a new era in the cryptocurrency market.
The SEC's Changing Approach
The SEC had previously filed lawsuits and initiated investigations against leading cryptocurrency exchanges such as Binance, Coinbase, Kraken and Uniswap for violating securities laws. However, with the decisions made in February and March 2025, these lawsuits and investigations were either halted or completely withdrawn.
Suspended or Withdrawn Cases and Investigations
Among the cases and investigations that the SEC has recently halted or withdrawn are the following:
Binance: Case withdrawn on February 10, 2025.
Coinbase: Case halted on February 21, 2025.
OpenSea: Investigation was stopped on February 21, 2025.
Robinhood: Investigation was stopped on February 24, 2025.
Uniswap: Investigation was stopped on February 25, 2025.
Justin Sun (Tron): Investigation was stopped on February 26, 2025.
ConsenSys: Investigation was stopped on February 27, 2025.
Kraken: Case was withdrawn on March 3, 2025.
Yuga Labs: Investigation was stopped on March 4, 2025.
DRW: Investigation was stopped on March 4, 2025.
These developments indicate that the SEC is taking a more flexible approach towards the cryptocurrency sector.
Ripple Case Continues
On the other hand, the case against Ripple is still ongoing in the court of appeals.
This new approach by the SEC towards the cryptocurrency sector could be a significant turning point for the future of the sector. A more flexible and collaborative attitude by the regulator could contribute to a more stable and reliable structure for cryptocurrency markets.
Author: Besim Şen