Cronos (CRO) has seen a significant uptick of nearly 11% over the past 24 hours, as it briefly surged above $0.11 on March 28th. While it has currently stabilized at around $0.10, the latest price action has pushed its weekly gains to nearly 40%.
This rise in CRO’s value comes on the heels of a major development involving Crypto.com, the parent company behind the cryptocurrency.
SEC Ends Probe into Crypto.com
The US Securities and Exchange Commission (SEC) officially closed its investigation into the crypto exchange and has informed the company that no enforcement action would be taken against it.
This marks a major moment after months of tension between the two entities. In October 2024, Crypto.com filed a lawsuit against the SEC after receiving a Wells notice, which indicated the regulator’s intent to sue the platform for operating as an unregistered broker-dealer and securities clearing agency.
The lawsuit argued that the SEC had unlawfully extended its jurisdiction and imposed
We współpracy z: https://cryptopotato.com/cronos-cro-surges-11-after-sec-closes-crypto-com-investigation/
