Firm

The suit is the latest in a string of dropped enforcement cases by the SEC.

The U.S. SEC is dropping cases and closing investigations against crypto companies left and right, but not everyone is off the hook yet.

The debanking of Binance.US is Operation Chokepoint in action, said the exchange’s interim CEO Norman Reed.

The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub.