The US Securities and Exchange Commission has fallen or paused over a dozen ongoing cases (and lost one) since US President Donald Trump re-entered the office just over two months ago and appointed commissioner Mark Uyeda as acting chairman.

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The story

The US Securities and Exchange Commission seems to have closed almost all of its excellent crypto-related cases in the least they publicly revealed-in the last two months since Mark Uyeda took over as acting chairman of the agency. In many of the legal submissions, SEC claimed that it has to draw these cases, while the regulator’s new crypto -task force re -evaluates how it applies exactly to securities legislation to digital assets, although at least some of these cases, SEC, does not leave any use of suing if it should find some cryptos from previous active cases.

Why it matters

Tktk

Breaks down it

• Ripple: Ripple announced that it had reached an agreement with SEC to drop both SEC’s appeal of a federal judge’s decision from 2023 and Ripple’s cross -eye. Ripple will receive $ 75 million of $ 125 million fine as it was assessed by a federal judge. The agreement does not yet appear to be in the public court.
• COINBASE: COINBASE announced last month that it had reached an agreement with SEC to drop the regulator’s ongoing case against it. SEC filed to withdraw the case with prejudice – which means it can’t re -bring the same charges – and a judge signed the withdrawal at the end of February. SEC claimed that Solana (Sol), Cardano (ADA), Polygon (Matic), Sandbox (Sand), Filecoin (File), Axie Infinity (AXS), Chiliz (CHZ), Flow (Flow), Internet Computer (ICP), Near (Near), Voyager (VGX), Dash (Dash) and Nexo (Nexo), All Signed Handlet as fuse itssider (VGX), DASH (DASH) and NEXO (NEXO)
• Consensys: SEC said it would drop its case against Consensys over the Metamask Tevebogen, CEO Joe Lubin said last month, and a common provision that rejected the case with prejudice was filed on March 27. A court document input dated March 28 said the civil case was terminated.
• KRAKEN: SEC told Kraken that it would drop its case against the exchange that claimed that the violated securities legislation and intervene customer and business funds earlier this month. A joint provision that rejected the case was filed on March 27, although a judge does not appear to have logged out yet.
• Cumberland DRW: SEC told Cumberland Drw that it would drop his case, claiming it served as an unregistered securities dealer earlier this month. SEC and Cumberland submitted a proposal to hold the case on March 18 and said “the parties in principle agree to reject this lawsuit with prejudice” but needed three weeks to find out the details. The judge who monitored the case, awarded the decision and ordered the parties to submit a joint status report before April 8, unless the dismissal of the dismissal is on the dock before then.
• PULSECHIN: A federal judge rejected SEC’s case against Pulsechain and Hex and said the agency did not plausibly show that the project targeted US investors and that it had jurisdiction in the case. SEC has until April 21 to file a changed complaint.
• Immutable: SEC told Immutable Labs that it closed its study of the web3 gaming company, said it earlier this week.
• Yuga Labs: SEC closed his investigation by Yuga Labs, the NFT company said earlier this month.
• ROBINHOOD: SEC told Trading Platform Robinhood that it closed its investigation into the business, said it late last month.
• OPENSEA: SEC closed his investigation into OpenSea, NFT Marketplace’s CEO said late last month.
• Uniswap: SEC closed its study of Uniswap laboratories, the company announced last month.
• Gemini: SEC closed his study by Gemini, co -founder Cameron Winklevoss said last month.
• Binance: SEC and Binance (along with the various affiliated parties/co -defendants) filed to set the regulator’s case in early February in early February. The judge monitored the case paused the case until April 14 and ordered the parties to submit a joint status report before then. SEC alleged violation of violations along with violations of the securities laws and to allow us to act on the global platform.
• Tron Foundation: SEC and the Tron Foundation (along with the various affiliated parties/co -defendants named) who were filed to put SEC’s case in late February. The judge who monitored the case gave the decision to bring the new deadline to about April 27 (a Sunday). SEC alleged market manipulation and fraud along with securities -related registration violations.
• Crypto.com: Crypto.com announced on March 27 that SEC had closed its case in Crypto Exchange and would take no enforcement measure. Trump Media, the company behind Truth Social, is also collaborating with Exchange to issue exchange -trading products.
• Unicoin: Unicoin seems to be the only publicly revealed ongoing investigation into SEC, although its CEO has also asked the agency to close this investigation.
• HAWK: On Thursday, Haliey Welch, if the “Hawk” token seemed to pump and dump (fell from a market capital of $ 491 million to less than $ 100 million within minutes) when it launched last year, TMZ told SEC that SEC had also closed her survey of her.

• Trump-backed World Liberty Financial confirms the Dollar StableCOin Plans with Bitgo: The World Liberty Financial launches USD 1, a stableecoin, at Ethereum and BNB chains.
• Trump Media wants to collaborate with Crypto.com on ETP issuing: Trump Media, the company behind The Truth Social Social Network, wants to launch crypto exchange products with crypto.com.
• The US House StableCOin Bill, who is ready to become public, says legislator at the top of the cryptopanel: The house’s latest stableecoin BILL draft nearby is in accordance with the Senate’s genius -Bill proposal already left the committee, Rep said. Bryan Steel at Digital Chamber’s annual conference.
• Trump-bound World Liberty Financial puts his stableecoin in Washington with Don Jr.: Donald Trump Jr. And other World Liberty Economic leaders promoted their new stableecoin at the chamber event.
• SEC LOOKS INVESTIGATION OF WEB3 -GAMP COMPANY UNNRORTED: The US Securities and Exchange Commission has dropped another investigation, this time on unchanging.
• Shutdown Russian crypto exchange Garantex rebrands like Grinex, Global Ledger Finds: Garantex is an exchange sanctioned by the United States and seized by international law enforcement authorities. It does not seem to have prevented some of its operators from redirecting it as laughx and launching again, based on on-chain and off-chain data.
• Crypto Bill to combat illegal activity gets a new push after passing the US House in 2024: Rep. Zach Nunn and Jim Himes have reintroduced the Law on Protection of Financial Technology.
• President Trump Pardon’s Arthur Hayes, 2 other bitmex-with-founders: US President Donald Trump pardoned Arthur Hayes, Ben Delo and Sam Reed, the co -founders of Bitmex. The three had all previously pleaded guilty to violation of banking secret and were sentenced to probation.
• Sei Foundation explores buying 23andme to put genetic data on blockchain: This headline is self -explanatory, though I would love to know more about what it would mean to put individuals’ genetic data on an unchanging public headbok.

Thursday

• 14:00 UTC (10:00 a) Paul Atkins and Jonathan Gould (among others) faced the Senate’s banking committee for their confirmation hearing. Outside Senator John Kennedy (R-LA.) Ask questions about Sam Bankman-Fred’s parents (and a few other passers-by references to FTX’s collapse) there were no crypto-related questions.

• (The Atlantic Ocean) Jeffrey Goldberg, the editor-in-chief of the Atlantic, said he was inadvertently added to a signal group of national security adviser Michael Waltz, who included other key figures in the Trump administration, and where defense secretary Pete Hegeth shared details of an impending strike on Yemen hours before it happened. The Middle East envoy (and world freedom investor) Steve Witkoff confirmed that he was part of the group through one of his “personal units”, rather than his government issued secure phone. Tulsi Gabbard, the director of National Intelligence and John Ratcliffe, the director of the CIA, said the messages were not classified and the Atlantic published them.
• (Cable) A Venmo account named “Michael Waltz”, which Wired Reports was “associated with accounts with the names of people closely related to him” left his transactions until after the news organization reached out about it.
• (The Verge) US President Donald Trump fired federal commissioners Alvaro Bedoya and Rebecca Slaughter, both Democrats, reportedly contrary to a Supreme Court’s precedent. Both have since sued Trump who disputes the layoffs.
• (The Washington Post) IRS Projects It will collect $ 500 billion less in 2025 than 2024, the post reported.
• (The New York Times) “SpaceX is placing to see billions of dollars in new federal contracts or other support,” the Times reported.
• (The Washington Post) Plainclothe’s officers arrested Tufts University PhD student Rufeysa Ozturk and moved her to a Louisiana system. The Department of Homeland Security said she “participated in activities in support of Hamas” but has not published any evidence that supports the claim. State Secretary Marco Rubio said he canceled Ozturk’s visa because she “created a ruckus,” but doesn’t seem to claim she committed any crimes.

If you have thoughts or questions about what to discuss next week or any other feedback you would like to share, feel free to e -mail me at [email protected] or find me at bluesky @nikhileshde.bsky.social.

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See you next week!