Dragonchain
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SEC unexpectedly drops lawsuit, Dragonchain token surges 104% in just 24 hours – What is happening?
In a surprising turn of events for the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Dragonchain – a blockchain project previously accused of issuing unregistered securities. This move not only marks a legal turning point for Dragonchain but also created a strong wave of reaction in the market: DRGN token surged by 104% within 24 hours, with trading volume exploding by over 11,600%, hitting $1.4 million.
⚡️ The #SEC aims to drop the #Dragonchain* lawsuit, pointing to the creation of its Crypto Task Force.
#DragonChain #CryptoTaskForce $BTC $ETH $XRP
#DragonChain #CryptoTaskForce $BTC $ETH $XRP
🚨🇺🇸SEC DROPS #DRAGONCHAIN LAWSUIT AMID POLICY SHIFT
🔹SEC & Dragonchain filed joint request to dismiss 2022 lawsuit over 2017 ICO
🔹Case dropped following Crypto Task Force launch in Jan 2025
🔹SEC shifting approach post-Trump re-election, dropping charges against Coinbase, Kraken, others
🔹New stance: Most memecoins not securities, fewer enforcement actions
🔹DRGN price: +95.8% in 24h, now $0.07782
-The Block
🔹SEC & Dragonchain filed joint request to dismiss 2022 lawsuit over 2017 ICO
🔹Case dropped following Crypto Task Force launch in Jan 2025
🔹SEC shifting approach post-Trump re-election, dropping charges against Coinbase, Kraken, others
🔹New stance: Most memecoins not securities, fewer enforcement actions
🔹DRGN price: +95.8% in 24h, now $0.07782
-The Block
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