DeFi Education Fund Drops SEC Lawsuit Over Airdrops as Regulatory Stance Shifts

Texas-based apparel company Beba and crypto advocacy organization DeFi Education Fund have voluntarily dismissed their 2024 lawsuit against the United States Securities and Exchange Commission, citing a changing regulatory approach to cryptocurrency airdrops under the agency’s new leadership. The lawsuit withdrawal, filed in the US District Court for the Western District of Texas on Friday,…

DeFi Education Fund Drops SEC Lawsuit Over Airdrops as Regulatory Stance Shifts