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Coinbase Case Dropped by U.S. SEC as Agency Reverses Crypto Stance

The U.S. Securities and Exchange Commission is ending its investigation into Consensys Blockchain software, effectively closing the case against it due to new leadership that is more lenient towards the crypto industry.
Joseph Lubin, co-founder of Ethereum and Consensys, announced that the SEC will file a stipulation with the court to close the case.
The SEC has also dismissed its lawsuit against Coinbase, the largest U.S. Cryptocurrency exchange, which alleged that the exchange did not follow the agency's rules.
Lubin expressed optimism for 2025, stating, '2025 has the makings of a big year for Consensys, Ethereum, and the entire crypto community.

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Wired

The SEC Is Abandoning Its Biggest Crypto Lawsuits

Regulators at the US Securities and Exchange Commission have called a sudden truce with the cryptocurrency industry, bringing an end to years of legal conflict.

8 hours ago·United States

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South China Morning Post

US securities regulator files to dismiss Coinbase lawsuit

A court has separately paused the SEC’s lawsuit against Binance after a joint request, citing implications of the agency’s new crypto task force.

14 hours ago·Hong Kong

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Coin Desk

Coinbase Case Dropped by U.S. SEC as Agency Reverses Crypto Stance

A landmark legal battle for the U.S. crypto sector, the government accusation that Coinbase ran an unregistered exchange, has been entirely abandoned.

22 hours ago·Manila, Philippines

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watcher.guru

SEC Ends Investigation into Consensys Blockchain Company

The Securities and Exchange Commission, or SEC, is ending their investigation into Consensys Blockchain software, parent company of MetaMask.

1 day ago

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Markets Media

SEC Dismisses Civil Enforcement Action Against Coinbase - Markets Media

Washington D.C., Feb. 27, 2025 — The Securities and Exchange Commission today announced that the Commission has filed a joint stipulation with Coinbase Inc. and Coinbase Global Inc. to dismiss the ongoing civil enforcement action against the two entities. On January 21, 2025, the Commission announced the formation of the Crypto Task Force, which is dedicated to helping develop a comprehensive and clear regulatory framework for crypto assets. Gi…

9 hours ago

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