Crypto.com sues SEC to ‘protect the future of crypto’ in US
Crypto.com’s lawsuit against the US SEC follows the exchange’s receipt of a Wells notice from the agency.
Major cryptocurrency exchange and service provider Crypto.com is launching a legal battle against the United States Securities and Exchange Commission with the goal of protecting the future of the crypto industry in the country.
Kris Marszalek, co-founder and CEO of Crypto.com, took to X on Oct. 8 to officially announce that the company has filed a suit against the US SEC.
“This unprecedented action by our company against a federal agency is a warranted response to the SEC’s regulation by enforcement regime, which has hurt more than 50 million American crypto holders,” he wrote.
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Author: Helen Partz
