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As SEC crypto enforcement enters a new phase, an important question arises: Are private plaintiffs stepping in to fill the enforcement gap?

In her Law360 article “Have Private Suits Filled Gap Left by SEC’s Crypto Pullback?”, Director Simona Mola examines federal crypto litigation trends and compares private litigation activity with evolving SEC enforcement patterns.

Drawing on an original analysis of more than 180 SEC enforcement and private litigation matters from 2021 to 31 May 2026, the article explores how litigation has evolved across different segments of the crypto ecosystem—including token issuers, exchanges, DeFi protocols, staking and lending-yield products, mining companies, NFT projects, and other market participants.

The analysis identifies emerging trends and examines whether shifting SEC priorities may be reshaping litigation exposure across the broader crypto ecosystem.

Download the full article to access the complete analysis, methodology, data visualizations, and key findings.