# DeFi Education Fund and Beba Withdraw SEC Airdrop Lawsuit; Crypto Regulatory Climate Shifts Toward Relaxation

**Summary**: The DeFi Education Fund and Beba have withdrawn their litigation against the SEC, reflecting a gradual relaxation of SEC enforcement toward cryptocurrency under new leadership, particularly regarding airdrop policy. Industry experts believe this will provide more legal certainty for DeFi projects, attract greater institutional participation, and influence crypto market sentiment and investment strategies.

According to Gate News, on March 17, the prominent lobbying group DeFi Education Fund and Beba, a Texas-based apparel company, have voluntarily withdrawn their lawsuit against the U.S. Securities and Exchange Commission (SEC). The lawsuit, filed in 2024, originally aimed to challenge the SEC's digital asset enforcement policies established without formal rulemaking and public comment procedures. The withdrawal reflects a significant shift in the SEC's regulatory approach. Under new leadership, the SEC has adopted a more lenient strategy toward the cryptocurrency industry, particularly demonstrating openness on airdrop-related policies. Commissioner Hester Peirce previously stated that airdrops may not be subject to securities laws, and the SEC's cryptocurrency working group is exploring airdrop exemption frameworks, providing a policy foundation for the withdrawal. The DeFi Education Fund stated on X platform that given the regulatory working group's proactive actions, continuing the litigation is no longer necessary, though resubmission remains possible in the future. Under Gary Gensler's tenure, the SEC previously employed an "enforcement-first" strategy to lead multiple cases against major digital asset exchanges and DeFi protocols while investing limited resources in clear rules and regulatory guidance. Today, pro-cryptocurrency leadership emphasizes legislation and industry dialogue, with most pending cases ending in dismissals or settlements, indicating the regulatory environment is gradually improving. This withdrawal is viewed as an important signal in the American cryptocurrency ecosystem. Industry insiders believe that as SEC crypto policy becomes clearer and more flexible, DeFi projects and digital asset airdrops may gain greater legal certainty. Meanwhile, this may also encourage more institutions and innovative teams to expand crypto businesses within compliance frameworks. Currently, market participants continue monitoring the SEC's future policy developments regarding airdrops, DeFi protocols, and emerging digital assets, which will directly impact market sentiment and investment strategies for Bitcoin, Ethereum, and other major cryptocurrencies. #比特币站上7.5万美元