Ex-SEC Acting Chair: Agency Dropped Crypto Cases to Avoid Issues with Credibility
14 Articles
14 Articles
Agency Dropped Crypto Cases to Avoid Issues with Credibility
Mark Uyeda, who served as acting chair of the US Securities and Exchange Commission (SEC) before Paul Atkins’s confirmation, said the agency dropped civil cases against cryptocurrency companies filed under the previous administration because it was preparing a “180-degree change” in rulemaking. In a Wednesday panel at the Psaros Center for Financial Markets and Policy’s […]
SEC Drops Kraken, Coinbase, and Ripple Cases Over Credibility Fears, Says Ex-Acting Chair
Mark Uyeda didn’t mince words. The former acting chair of the U.S. Securities and Exchange Commission said the agency pulled… Read the original on SEC Abandons Kraken, Coinbase, and Ripple Cases to Protect Credibility, Ex-Chair Reveals. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Mark Uyeda, commissioner of the SEC, clarified that the agency dismissed several claims on inherited cryptos to protect its institutional credibility. During his intervention at Georgetown University, Uyeda detailed that maintaining litigation while the regulator plans a legal turn of up to 180 degrees would have weakened the organization’s argumentative coherence before the courts. ... Read more
SEC drops crypto cases, prepares policy shift under new lead
🚨 SEC drops civil lawsuits against major crypto firms due to planned policy changes. ⚡ Dismissed cases involved $XRP, Kraken, and Coinbase, after leadership transition in 2025. 🧑⚖️ Mark Uyeda cited credibility concerns as the reason for pulling existing c...
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