The US Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, Crypto Trading Arm for Chicago-based trading company DRW, according to a Tuesday announcement from the company.

SEC defendant Cumberland DRW last October and accused the company of acting as an unregistered securities dealer and claim that it sold more than $ 2 billion in unregistered securities, named tokens such as polygon (poly), Solana (sun), cosmos (atom), algorand (algo) and file) as over the two-agency to securities.

At the time the case was filed, Cumberland DRW and its CEO Don Wilson promised to fight the charges. In an interview with Coindesk last October, Wilson said his company had tried and could not register as a securities trader at SEC, and suggested that the lack of clarity for cryptic companies under the then President Gary Gensler was a function, not a mistake in the agency’s regulatory approach.

Read more: Who is afraid of Gary Gensler? Not Don Wilson, the trader who beat the regulator once before

“This dynamic put SEC in a position where they could say that everyone is breaking the rule and we just want to go for the one we want,” Wilson told Coindesk. “[It] Reminds me of ‘Atlas shrugged.’ If everyone breaks the law, they selectively harass the one they want. “

Just five months later, under the new management of acting chairman Mark Uyeda, SEC has completely turned a course. The agency’s decision to drop its case against Cumberland DRW is the latest in a number of abandoned litigation: SEC has also dropped his case against Coinbase and accepted to drop his cases against Consensys and Kraken. It has also closed a number of probes in crypto companies, including Gemini, OpenSea, Robinhood Crypto and Yuga Labs. As with its Consensys and the Kraken Agreements, SEC’s agreement with Cumberland is awaiting approval from a majority of the three commissioners currently on the panel. The Commission voted to drop its Coinbase case last week.

“As a firm deeply engaged in the principles of integrity and transparency, we look forward to continuing our dialogue with SEC to help shape a future in which technological advances and legislative clarity go hand in hand, ensuring that the United States remains at the forefront of global economic innovation,” Cumberland said in its announcement.

A representative of Cumberland DRW refused to comment on beyond the company’s X -post.

SEC did not respond to Coindesk’s request for comment.