"The SEC had also agreed to drop its litigation against crypto exchange Coinbase on Feb. 21, with the case officially dismissed a week later. The SEC initially sued Coinbase in 2023 for securities law violations regarding its broker-dealing, exchange services and clearing agency."

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SEC agrees to drop case against crypto exchange Kraken, firm says

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Kraken is among several other companies the SEC has had lawsuits reversed since the new administration took office, with a notable example being Coinbase.

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Kraken is among several other companies the SEC has had lawsuits reversed since the new administration took office, with a notable example being Coinbase.