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Fox reporter: SEC plans to try to reach a settlement with crypto companies rather than reject it outright

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2025-02-21 14:56:25
Fox Business reporter Eleanor Terrett posted on the X platform that the legal people he talked to believe that the Securities Exchange Commission is trying to reach a settlement for crypto companies rather than outright dismiss the relevant lawsuits as a way to "justify" spending millions of taxpayer dollars and save a little face. In addition, two Securities Exchange Commission commissioners, Hester Peirce and Mark Uyeda, did tell Coinbase that they were sorry for the inconvenience, which was a real blow to the enforcement system of the Securities Exchange Commission under Gensler and Biden.
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