Crypto.com Receives SEC Wells Notice Over DOT and CRO, Files Suit Against SEC

Oct 8, 2024, 01:27 PM

Crypto exchange Crypto.com has received a Wells notice from the U.S. Securities and Exchange Commission (SEC) and has filed a lawsuit against the regulator. The SEC is reportedly suing Crypto.com over its operations related to specific digital assets, including DOT and CRO. The company contends that the SEC has unilaterally expanded its jurisdiction beyond statutory limits.