PANews reported on December 18 that according to Decrypt, Crypto.com voluntarily withdrew its lawsuit against the U.S. Securities and Exchange Commission (SEC). Market analysts believe that the timing of this decision is not accidental, because the exchange's CEO Kris Marszalek had previously met with Donald Trump at Mar-a-Lago. The decision to withdraw the lawsuit may indicate that Crypto.com believes that working more closely with the new government may be beneficial to its open attitude in supporting crypto innovation.