Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against the regulator, its chief legal officer Nick Lundgren said.
Crypto.com, a cryptocurrency exchange and service provider, has cited recent court rulings against the United States Securities and Exchange Commission (SEC) as potentially aiding its legal battle with the regulator.
On Oct. 8, Crypto.com’s co-founder and CEO Kris Marszalek announced that the exchange filed a lawsuit against the SEC in response to a Wells notice from the agency.
The company claims that the SEC’s action exemplifies “unauthorized and unjust regulation,” even as the next US presidential administration may take a “more constructive and effective approach” to cryptocurrency.
