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Florence Muchai

Democrats press SEC over dropped cases tied to Ripple, Binance, Coinbase, Kraken

On January 17, 2026, Democratic members of the Financial Services Committee sent a letter to SEC Chair Paul Atkins questioning the agency’s retreat from crypto enforcement. The letter cites dropped actions involving Ripple, Binance, Coinbase and Kraken, notes favorable 2024 court rulings, and flags the May 2025 dismissal of the Binance case.
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