Maxine Waters Presses SEC Chair Paul Atkins Over Dropped Crypto Enforcement Cases

Maxine Waters, the ranking Democrat on the U.S. House Financial Services Committee, has challenged SEC Chair Paul Atkins over the termination or suspension of major crypto enforcement actions involving firms such as Coinbase, Binance, and Justin Sun. Her letter questions whether recent decisions may have bypassed formal procedures and weakened protections for retail investors, while XRP’s recent 34.74% price decline and sharp volume spike underscore ongoing market volatility.