U.S. Securities and Exchange Commission

Extensive searches across SEC.gov, major news outlets, and recent reports through July 2026 confirm no credible new evidence or developments supporting the sensational Sept-Oct 2024 allegations of money laundering, insider trading, accounting fraud, or related charges against Coinbase, Kraken, or MicroStrategy. The 2025 dismissals with prejudice of core enforcement actions remain the dominant narrative, driven by the SEC's Crypto Task Force and broader enforcement rollback. A May 2025 NYT-reported probe into Coinbase user number disclosures persists without resolution updates, while MicroStrategy faces only private shareholder actions (one dismissed in 2025) and no SEC enforcement. In 2026, the Task Force under new Chief Counsel Taylor Lindman (appointed Feb 2026) focuses on rulemaking input rather than new probes. All original claims appear rooted in misdated or fabricated rumors.

Since the March 19-20, 2026 DOJ indictment of SMCI affiliates for smuggling NVIDIA AI servers, new SEC Form 4 filings reveal additional NVIDIA insider sales on March 20 including Director Mark Stevens (221,682 shares), CFO Colette Kress ($10.9M), totaling part of a $14M wave under 10b5-1 plans, with no links to the SMCI case or illegal trading. SMCI stock rebounded 5% on March 23 after a 28-33% plunge, as the company cooperates and was not charged. No new SEC probes, unusual options remain speculative without confirmed insider ties, aligning with routine disposals amid market volatility.