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Alex Dovbnya

Democratic Lawmakers Press SEC Over Ending Ripple and Other Crypto Lawsuits in 2025

Democratic lawmakers have sent a strongly worded letter to SEC Chairman Paul S. Atkins criticizing the agency's decision to drop long-running enforcement cases against Ripple and other crypto firms. They argue that the SEC's retreat since January 2025, including dismissals involving Binance, Coinbase, Kraken, and Tron founder Justin Sun, risks eroding investor protection and confidence in U.S. markets. The timing is portrayed as troubling given increased crypto industry lobbying and substantial political contributions.
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