Overview
WIRED recently quoted Coy Garrison in an article titled, "The SEC Is Abandoning Its Biggest Crypto Lawsuits." The piece discusses the SEC's significant shift in its approach to cryptocurrency regulation under the Trump administration, including the establishment of a new "crypto task force" and the rebranding of its crypto investigations branch.
In the article, Garrison comments on the SEC's evolving stance towards the crypto industry: "I think the industry sees regulators willing to work across the table from them. That's the difference. Four years ago, the other side of the table was just the enforcement arm." He further notes, "The SEC is still going to be policing potential fraudulent activity within its jurisdiction relating to crypto."
