SEC bids to drop securities suit against Dragonchain over crypto ICO

SEC Drops Dragonchain Lawsuit as Agency Revises Crypto Enforcement Approach

SEC drops Dragonchain lawsuit amid policy shift under the Trump administration’s guidance. DRGN token jumps 95% following the SEC’s decision to dismiss unregistered securities case. SEC’s new Crypto Task Force drives case dismissal and redefines regulatory engagement. The U.S. Securities and Exchange Commission (SEC) has filed to dismiss its 2022 lawsuit against blockchain infrastructure firm Dragonchain. The joint document, filed at the Seattle…

Dragonchain Token Soars 130% Following SEC's Decision To Drop Securities Case

SEC drops Dragonchain lawsuit, sparking a 130% surge in DRGN token price. Dragonchain’s trading volume jumps 6000% after the SEC lawsuit dismissal. SEC enforcement rethink marks pivotal shift led by Crypto Assets and Cyber Unit. The U.S. Securities and Exchange Commission (SEC) has filed to dismiss its lawsuit against Dragonchain, a blockchain platform, demonstrating its new approach to regulating the cryptocurrency sector. The move comes after …

Key points of the news: The SEC withdrew the lawsuit against Dragonchain for its 2017 ICO, reflecting a shift in its policy towards digital assets. Paul Atkins’ arrival at the SEC presidency led to the dismissal of several cases against crypto signatures. Following the news, the DRGN token skyrocketed 155%, driven by market enthusiasm over more flexible regulation. The US Stock Exchange and Securities Commission (SEC) decided to withdraw the law…

The SEC decided to abandon the case against Dragonchain citing its new cryptocurrency working group. It is the last to get rid of regulatory actions after Coinbase, Uniswap, MetaMask and others. *** The SEC abandons another case against a cryptocurrency company: Dragonchain. After almost 3 years facing SEC charges, Dragonchain is now free of regulatory battles. It joins the cases now filed against Coinbase, Kraken, Uniswap and others from the in…

Dragonchain Token Surged 104% After the SEC Moved to Drop Its Lawsuit

The SEC originally filed its complaint against Dragonchain in August 2022, claiming that it conducted unregistered securities offerings.

DRGN Token Spikes After SEC Drops Lawsuit — A New Chapter for Dragonchain?

The crypto industry keeps on changing, and the latest news is that the SEC has decided to drop its lawsuit against Dragonchain. On April 24, both sides agreed to dismiss the case with prejudice, which means it’s closed for good. The SEC cited its newly formed crypto task force (CTF) as a big reason behind this decision, calling it the “right step” in light of the shifting landscape around digital assets. For Dragonchain and fans of the DRGN toke…