Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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The SEC's investigation into the crypto treasury was temporarily suspended due to the government shutdown; subpoenas may be issued upon its resumption.

2025-11-04 22:46

According to Odaily Planet Daily, the SEC's investigation into potential insider trading involving digital asset treasuries (DATs) used by publicly traded companies has been temporarily suspended as the US government shutdown enters its second month. Several former SEC lawyers stated that the investigation will almost certainly resume once the government reopens, noting that if the preliminary investigation escalates into a formal investigation, regulators could issue subpoenas within one to two months.

Legal experts believe that although the Trump administration is seen as more favorable to the crypto industry, the SEC's ability to clarify potential violations will help establish a healthy regulatory framework for the digital asset market.