Robert Cohen discusses the SEC and crypto enforcement with Bloomberg Law
Davis Polk partner Robert Cohen discussed the SEC’s scaling back of enforcement actions against crypto companies with Bloomberg Law.
Robert explained that although the SEC may be adjusting its approach, the agency will still pursue securities fraud claims and that federal officers will continue to recommend regulating crypto.
The article emphasizes how litigation around cryptocurrency is unlikely to disappear, but some plaintiffs’ attorneys might not want to pursue claims without clear regulatory support.
“Federal regulation is very much in flux,” Robert noted. “And the fairness of trying to enforce what may soon become an old set of rules is a legitimate point for them to raise in private litigation.”
“Trump’s Crypto Fandom Isn’t the End of State or Investors’ Suits” (Bloomberg Law) (March 31, 2025) (subscription required)