SEC Pulls the Plug on Crypto Enforcement: Whales Cheer, Maxine Waters Demands Answers

Washington just hit DEFCON 1 for crypto regulation. Maxine Waters, never a fan of ambiguity (or the Trump-appointed SEC), wants Chairman Paul Atkins to explain why the commission has scrapped the vast majority of its crypto cases. Since Trump’s return, the SEC has rapidly dropped or paused major cases against the likes of Coinbase, Binance, and Ripple without penalties—leaving the crypto heavyweights off the hook, and creating serious volatility for everyday investors. Enforcement teams are hollowed out, new rules are mothballed, and Congress smells blood. Don’t expect clarity—expect fireworks, volatility, and frantic regulatory posturing as politicians cash in on the chaos. This regulatory bonfire threatens to leave crypto markets dirty, wild, and largely untethered. Continue to read SEC Pulls the Plug on Crypto Enforcement: Whales Cheer, Maxine Waters Demands Answers

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