According to Fox News, Jeanine Pirro was sworn in as interim US attorney and pledged 'no more mercy for criminals,' signaling a potentially tougher regulatory environment. Traders are watching for increased enforcement actions that could impact cryptocurrencies, particularly in areas tied to compliance and anti-money laundering, as U.S. law enforcement may heighten scrutiny on crypto transactions and exchanges (Source: Fox News, May 28, 2025).

According to @GOPMajorityWhip, House GOP hosted FBI Director Kash and law enforcement officers nationwide for Pizza for Police during National Police Week (Source: Twitter, May 14, 2025). While the event primarily honored law enforcement, increased collaboration between Congress and federal agencies like the FBI may signal continued scrutiny of cryptocurrency regulations and enforcement actions. Traders should monitor future legislative developments and law enforcement priorities, as these can directly influence crypto compliance requirements and market sentiment.

According to Eleanor Terrett, @BakerHostetler lawyer Teresa Goody stated that the Howey Test was never intended to regulate an entire industry or technology. Furthermore, @JohnReedStark highlighted the 'wholesale demolition' of crypto enforcement at the SEC, suggesting significant implications for cryptocurrency market regulation and oversight.

According to Crypto Rover, Coinbase has filed a Freedom of Information Act (FOIA) request to disclose the costs associated with the SEC's crypto enforcement actions under Chairman Gary Gensler. This move could provide traders with insights into the SEC's spending patterns and priorities, potentially affecting market perceptions and regulatory expectations.

According to Eleanor Terrett, Coinbase has filed a Freedom of Information Act (FOIA) request to determine the SEC's expenditures on non-fraud investigations and enforcement actions against the cryptocurrency industry during Gary Gensler's tenure as chairman. This move is significant for traders as it could reveal the regulatory focus and resource allocation on crypto-related activities, impacting market sentiment and compliance costs.