Former US SEC legal counsel: SEC lawsuits against crypto companies will decrease next year.
According to a report by BlockBeats on December 26, Teresa Goody Guillén, a former litigation counsel for the U.S. Securities and Exchange Commission and partner at BakerHostetler, stated that the number of cases brought by the U.S. Securities and Exchange Commission against crypto companies is expected to decrease next year. The SEC will only be able to bring lawsuits in cases involving securities, and if the litigation does not involve securities, violators will be referred to the Department of Justice and other regulators, such as the U.S. Commodity Futures Trading Commission.
