Crypto.com’s native token Cronos (CRYPTO: CRO) surged to the top of the gainers list on Thursday after the firm announced that the SEC would not take any enforcement action against it.
What happened: Kris Marszalek, the company’s CEO, said on X, “The SEC’s investigation into Crypto.com has been closed with no action being taken against Crypto.com.”
The SEC didn’t immediately respond to Benzinga’s request for comment.
The announcement sparked a 12% rally …
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