"US Government Shutdown Relaxed the Altcoin Market"

The historical government shutdown in the United States has had significant effects on the cryptocurrency market. Altcoin projects have taken a breath with the temporary halt of investigations conducted by the Securities and Exchange Commission (SEC). The SEC had been investigating unusual trading activities before some publicly traded companies' cryptocurrency treasury (Digital Asset Treasury) announcements in recent days. However, during this government shutdown, the potential insider trading investigation has been put on hold.

Experts indicate that once the government reopens, the SEC is expected to resume the investigation quickly. It is anticipated that the process could move to the subpoena phase within one to two months. At this stage, the SEC may request communication, email, and social media records from companies and could issue formal charges if necessary. This situation creates uncertainty, especially for investors, and causes them to focus on the developments of the process.

This investigation, conducted during the Trump administration, is considered the SEC's first serious step towards cryptocurrency assets. Although the new administration has taken a closer stance toward cryptocurrencies, it has been noted that the purchases made by cryptocurrency treasury projects through borrowing have created new risks in the sector. For example, it is known that some companies owned by the Trump family have also implemented this strategy; among them are ALT5 Sigma (WLFI) and Trump Media & Technology Group.

Although there is no evidence of whether they are under direct investigation, legal experts underline the possibility that the process could be "politically sensitive." A legal advisor stated, "The SEC needs to do just that. Cryptocurrency is growing rapidly, and if there are suspicious transactions, the agency's investigation will restore confidence in the market," highlighting the importance of the process.

Investors should carefully monitor market movements considering these investigations into altcoin projects. The development of the investigation could lead to potential price fluctuations, emphasizing that investors need to be cautious to minimize their risks.