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Crypto Investigations Halt SEC Veteran Predicts

SEC Expected to Halt Crypto Investigations, Including Ripple

  • Former SEC attorney John Reed Stark predicts all SEC crypto-related investigations will stop.
  • Stark expects the SEC trial unit to pause or settle all crypto cases favorably for defendants.
  • A federal judge paused the SEC’s case against Binance for 60 days earlier this month.
  • The SEC’s case against Coinbase is paused pending an appeals court decision.
  • Jorge Tenreiro, a lead litigator in high-profile crypto cases, was reassigned within the SEC.

John Reed Stark anticipates that ongoing cryptocurrency-related appeals, including Ripple’s case, will be paused or withdrawn soon. Recent judicial and personnel changes support his prediction.

Source (2.6)https://decrypt.co/306665/sec-veteran-expects-regulators-crypto-investigations-to-grind-to-a-screeching-halt?rand=52368
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