According to Richard Teng on Twitter, the SEC’s case against their blockchain firm has been officially dismissed, marking a significant win for the industry. Teng credits Chairman Atkins and the Trump administration for resisting regulatory overreach, suggesting a shift toward more favorable U.S. policies for blockchain and crypto innovation. This legal victory may encourage greater institutional participation and increased market confidence in U.S.-based crypto projects, potentially boosting trading volumes and investor sentiment (source: @_RichardTeng on Twitter, May 29, 2025).