House Democrats are pressuring the SEC to explain why it has suspended several crypto enforcement cases.

PANews reported on January 16 that, according to The Block, U.S. Representatives Maxine Waters, Sean Casten, and Brad Sherman sent a letter to Securities and Exchange Commission Chairman Paul Atkins on Thursday, requesting an explanation for the agency's suspension of several crypto enforcement cases, including a lawsuit against Tron founder Justin Sun.

In their letter, lawmakers pointed out that since early 2025, the SEC has dropped more than a dozen crypto-related cases, including those against Binance, Coinbase, and Kraken. This coincides with a surge in political donations to the industry, raising concerns about "pay-to-play" schemes. The letter noted that crypto companies donated at least $85 million to President Trump's re-election campaign, while companies whose cases were dropped all donated at least $1 million to Trump's inauguration. They were particularly concerned about the Justin Sun case, arguing that its 11-month suspension signals selective enforcement and the potential influence of political power in pursuing accountability. The lawmakers also issued a separate document retention request, demanding that the SEC provide all communications related to the decision to suspend the Justin Sun case.