Dry drops the cases against consensys and the base

The American Securities and Exchange (SEC) commission agreed to remove its trial against the developer Metamask Consensys and also rejected his file against Crypto Exchange Coinbase while the regulatory change of the Trump era brings together the pace.

The co-founder of Ethereum and founder of Consensys, Joseph Lubin, said in a February 27 job On X that the SEC has agreed to submit a request that will end its file against consensys. The conclusion of the dispute is always subject to the final approval of the regulator.

The change of dry leadership marks the start of the quarter regulation

Consensys lawyer, Bill Hughes, said in a recent interview that the DRI agreement to remove his implementing measures against the company was quite simple, adding that the regulator’s litigation team “understood that the SECOND was going to move in a new direction. »»

According to Hughes, the SEC decision is due to its change of direction as part of the Pro-Crypto Trump administration.

“There was certainly a change of tenor in conversations after the elections,” said the lawyer.

The dry ends the Coinbase case

The agreement of the SEC to abandon its file against the consensys comes just one day after the agency has submitted a rejection file of its trial with the Coinbase of exchange of American crypto.

February 27 deposit Show that the SECOND a voluntarily agreed to reject all the disputes linked to Coinbase and Coinbase Global. According to the files, the regulator will also remove its initial trial from June 2023 and its request for an interlocutory appeal.

I just deposited, dry c. Coinbase: Stipulation of voluntary dismissal, it is by this stipulated and agreed by and between the parties and / or their respective advice that the above action is voluntarily rejected, with prejudice against the defendant (s). pic.twitter.com/jfwqhguwSy

– Inner City Press (@innercitypress) February 27, 2025

Coinbase and consensys layoffs are the last in a number of cases related to cryptography lowered by the dry in recent days.

The agency also abandoned the proceedings against the decentralized uniswap, Robinhood Crypto and one of the Rivaux of Coinbase, Gemini, who were all struck by prosecution during the regulatory approach by application of the dry under the former president of the dry, Gary Gensler.

The acting president of the SEC, Mark Uyeda, called on the agency to “rectify its approach and to develop a cryptographic policy in a more transparent manner”.

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