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SEC CASE AGAINST SUPPORT TO SEC CRYPTO.com, CRO is rising 8%

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CRYPTO.com CEO Kris Marzalek, the US Securities and Stock Exchange Commission (SEC), without a penalty or without any legal action, said the investigation into the crypto exchange.

“Banking, auditors, investors and access to us by restricting access to us to try to suppress us,” he said on March 27 post. “It was an attempt to end the sector.”

Crypto.com

Crypto.com accuses the digital asset arrangement of a “misdiped yer approach.

SEC’s decision to close the investigation into Crypto.com comes after the agency’s release of a Wells notification that informs the company the intention of making legal transactions against the crypto exchange in August.

Crypto.com replied Suing Against SEC in October. In his file, the change accused the Gary Gensler, led by Gary Gensler, of overcoming his authority and taking a “misunderstanding yakın approach to the crypto arrangement.

Cro performed the best performance even in the midst of token burn discussion

Investors reacted positively to the news. TThe local Cronos (CRO) token, the platform, has been pumped over 8% in the last 24 hours. trade According to CoinMarketcap, 01:35 at $ 0.1093 as of EST. The pump has made the best performance in the last 24 hours.

Although Cro’s price has increased, there is still a cloud of discussion that surrounds the Crypto.com and the Cro token. It all started when the Borsa announced that it would re -publish 70 billion coins burned in 2021 days before Trump Media & Technology. entered an agreement without binding With the stock market.

Many said that the movement weakens the principles of decentralization and transparency. “Cro is no different from a deception,” Onchain researcher said Zachxbt.

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