Altcoin Hub logo Altcoin Hub logo
2025-04-26 16:11:19

SEC Closes Case Against Dragonchain – Does the Backsliding Wave Begin?

The U.S. Securities and Exchange Commission (SEC) has filed a joint petition with Dragonchain representatives to close the case, which began in 2022. At the time, the company and its founder, John Ruets, were accused of an unregistered $16.5 million ICO in 2017.

What happened:

  SEC demanded a ban on activities and compensation payments to investors

  The charges involved Dragonchain, the Dragonchain Foundation, and the Dragon Company

 Now the regulator is ready to drop the lawsuit - the decision is due to the arrival of the new head of the SEC, Paul Atkins, and the launch of a crypto task force that is reviewing the cases of the Gary Gensler era.

 Earlier, commission member Hester Peirce announced the possibility of exemption from liability for token issuers if they are ready to work transparently and disclose up-to-date information.

 Against the backdrop of this decision, it is also reported that the SEC has postponed consideration of a number of new crypto ETFs - investors took this as a signal of uncertainty, but also as a step towards clearing the landscape of old conflicts.

 The list of potential closures also includes cases against Ripple, Coinbase, ConsenSys, Gemini, Uniswap, and others.

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine