The financial regulator dropped several cases against crypto companies in 2025, and is reportedly “no longer actively pursuing a single case against a firm with known Trump ties.”
The US Securities and Exchange Commission has reportedly dismissed cryptocurrency cases under the Trump administration at a significantly higher rate than those involving other aspects of securities laws.
According to a Sunday report from The New York Times, since US President Donald Trump took office in January, the SEC has paused, dropped investigations related to or dismissed about 60% of cases involving companies and projects in the cryptocurrency industry.
The report cited high-profile cases, including the SEC’s lawsuits against Ripple Labs and Binance, and added that the financial regulator was “no longer actively pursuing a single case against a firm with known Trump ties.”
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