CandleFocus Former SEC Chief Talks Dismantling of Crypto Enforcement: 'C'est La Vie and to the Moon'
2025-02-13
Author: Content Editor
Former SEC Chief of Internet Enforcement, John Reed Stark, believes that the recent pause in the case against Binance is the beginning of a shift in the SEC's approach to cryptocurrencies. He expects the SEC to pause or drop litigation in most crypto-related cases under President Donald Trump's administration. Stark predicts that the SEC will drop, slow, or halt all crypto-related investigations, litigation, or appeals, resolving them in favor of the companies or individuals involved. He believes that these actions will endanger investors and put them at risk as the guardrails for protecting them are disarmed. Stark refers to President Trump as the "first Bitcoin President" and attributes these changes to a mandate from U.S. voters.
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