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Crypto.com CEO Chris Marzazalek said that the US Securities and Stock Exchange Committee (SEC) closed its investigation into the exchange of encryption without imposing a penalty or taking any legal action.
“They used each tool available to try to strangle us, and to restrict access to banking services, auditors, investors and beyond,” he said on March 27. mail. “It was an calculated attempt to put an end to the industry.”
Crypto.com SEC is accused of a “misleading” approach to regulating digital assets
SEC’s decision to close its investigation in Crypto.com comes after the agency issued a notice of the company’s wells in August, which indicates its intention to take legal measures against the exchange of encryption.
Crypto.com was received by litigate Against the Supreme Education Council in October. In his file, the Stock Exchange accused the agency led by Gary Ginsner at the time of bypassing its authority and taking a “misleading” approach to regulating encryption.
CRO is the best performance even amid the controversy of burning the distinctive symbol
Investors’ reaction was positive to the news. R.The CROS CROT code (CRO) pumped more than 8 % in the past 24 hours to commerce At 0.1093 dollars from 1:35 AM EST, according to Coinmarketca. The CRO pump has made the highest major encryption performance in the past 24 hours.
Although the CRO price may rise, there is still a cloud of controversy surrounding Crypto.com and its CRO code. Everything began when the stock exchange announced that it would release 70 billion symbols that were burned in 2021, days before the media and technology I entered into an inconclusive agreement With exchange.
Many said that this step undermined the principles of decentralization and transparency. Unchasin Zakkabti’s investigator continued to say that “CRO is not different from the fraud.”
CRO is not different from the fraud process
Your team has just release 70b CRO a week ago, “Forever Forever” in 2021 (70 % total offer) and went against community desires while controlling the majority of the show.
Not sure why the truth is chosen as a partnership with your exchange … pic.twitter.com/xnluslddzc
Zachxbt (Zachxbt) March 25, 2025
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