SEC issues against Consensys and Coinbase

The US Securities and Stock Exchange Committee (SEC) has approved a lawsuit against the Metamask Consnsys developer and also rejected its case against Crypto Exchang Coinbase, as the organizational transformation in the Trump era collects pace.

Joseph Lubin, co -founder of the founder and founder in Ethereum, said on February 27 mail X that SEC has agreed to submit a proposal that ends its case against consysys. Feeding conclusion is still subject to the final approval of the organizer.

The change in SEC leadership is the beginning of the organizational transformation

Quents Bill Hughes, in an interview with him, said that the SEC Agreement to drop its enforcement procedures against the company was somewhat clear, adding that the litigation team in the organizer “understood that second He would have moved in a new direction. ”

According to Hawz, the SEC decision is due to a change in the framework of the pro -Crypto Trump administration.

“There was definitely a change in the talks after the elections,” the lawyer said.

SEC put an end to Coinbase

The SEC Agreement to drop its case against Consysys just one day after the agency’s request to reject its lawsuit by leading Crypto Excination Coinbase.

February 27 filings Show that second He voluntarily agreed to reject all vowage related to Coinbase and Coinbase Global. According to files, the organizer will also withdraw its first suit in June 2023 and request the specific appeal.

Just served, SEC V. Coinbase: The text of the voluntary dismissal, which is listened to and agreed upon by the parties and/or their lawyer (lawyer), each of which is rejected the aforementioned procedure voluntarily, with a bias against the defendant (the defendant (S) https://t.co/2L5GN5H5V7 pic.twitter.com/jfwQhguwsy

Interior City Press (InnerCitypress) February 27, 2025

Both the separation of Coinbase and Conssys are the latest in a number of encryption cases that the Supreme Education Council has dropped in recent days.

The Agency also brought down lawsuits against the uniswap and Robinhood Crypto and one of the Coinbase, Guebase, which were all subjected to lawsuits during the SEC approach under the author’s organization by the President of SEC Gary Gensler.

The agency’s SEC Mark Uyeda president called for “correcting its approach and developing the policy of encryption in a more transparent way.”

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