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DeFi Education Fund and Beba dismiss SEC airdrop lawsuit without prejudice amid evolving regulatory policy

Mar 17, 202610:17 AMNewsroom AI

The DeFi Education Fund and Texas apparel company Beba voluntarily dismissed a 2024 lawsuit challenging the U.S. Securities and Exchange Commission over crypto airdrops, filing the dismissal without prejudice so the case can be refiled at a later date [1] [2].

Plaintiffs described the original action as a pre‑enforcement challenge to the SEC’s approach to token airdrops and said the withdrawal followed shifts in regulatory policy and guidance that prompted them to pause litigation for now [2] [3].

News outlets noted the move was framed as a strategic response to the evolving regulatory environment rather than a legal loss, and observers reported the groups could resume legal action if policy conditions change [1] [4].

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