Crypto.com voluntarily withdrew its lawsuit against the U.S. SEC after its CEO met with Trump

According to ChainCatcher news, as reported by decrypt, Crypto.com voluntarily withdrew its lawsuit against the U.S. Securities and Exchange Commission (SEC). Market analysts believe that the timing of this decision is not coincidental, as the exchange's CEO Kris Marszalek had previously met with Donald Trump at Mar-a-Lago. The decision to withdraw the lawsuit may indicate that Crypto.com believes closer cooperation with the new government could be beneficial for its open attitude towards supporting crypto innovation.