The SEC’s nascent crypto agenda under President Donald Trump has prompted the agency to slam the brakes on pending litigation involving digital asset exchanges, with agency lawyers filing bids to delay or toss proceedings in at least four cases this month.
The Securities and Exchange Commission is citing a new crypto task force helmed by Commissioner Hester Peirce, a frequent dissenter in Biden-era crypto enforcement actions, as a factor that could “impact and facilitate the potential resolution” of cases involving exchanges Coinbase Global Inc., Binance Holdings Ltd., and Lejilex.
In a fourth case, the SEC on Wednesday ...
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