US Securities and Exchange Commission (SEC) has settled a lawsuit that forced the securities regulator to hand over the documents on potential conflicts of interest in its cryptocurrency enforcement decisions. The government watchdog Empower Oversight president provided explanations for why it agreed to end the suit with the U.S. SEC.
US SEC and Empower Oversight Settles Lawsuit
Law360 reported that the U.S. Securities and Exchange Commission (SEC) and Empower Oversight agreed to end the long-running lawsuit this week. This caused confusion in the markets about whether the government watchdog settled with the SEC on conflicts regarding the way enforcement decisions were taken by the regulator against crypto companies.
Empower Oversight President Tristan Leavitt in a post on X said “We at Empower Oversight are definitely not done fighting for answers from the SEC.” He explained resolving only the lawsuit filed against the SEC in May 2023 after receiving all documents, while other la
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