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The SEC's crypto treasury investigation has been suspended due to the government shutdown, and a subpoena may be issued after the restart

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2025-11-04 21:55:43
The SEC's potential insider trading investigation into digital asset treasury (DAT) strategies used by public companies has been temporarily suspended as the U.S. government shutdown enters its second month. Several former SEC lawyers said the investigation would almost certainly resume once the government reopened, noting that regulators could issue subpoenas within one to two months if the initial investigation escalates to a formal investigation.
Legal experts believe that while the Trump administration is seen as more friendly to the crypto industry, if the SEC can clarify potential violations, it will help establish a healthy regulatory framework for the digital asset market.
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