Trump White House just keeps dropping regulatory lawsuits — the latest break goes to Kraken

• The Trump administration is dropping regulatory cases.
• Crypto firms including Coinbase and Robinhood have already benefited.
• Antitrust enforcement against tech giants, however, is expected to continue under the current DOJ.

There will be winners and losers as the new Trump administration rewrites how business is regulated.

And after only its first month, a pattern is emerging, with a number of major Biden administration cases dropped and others left firmly standing.

Crypto? There are clear winners already, with Coinbase, OpenSea, Robinhood, and Kraken seeing federal officials swiftly closing shop on probes and enforcement lawsuits.

Meanwhile, some legal experts predict an uptick in traditional securities cases and a continuation of the Biden DOJ’s aggressive antitrust enforcement in cases against Apple, Google, Meta, Amazon, and Ticketmaster.

“Gail Slater, who’s going to be confirmed head of the DOJ antitrust division pretty soon, is an experienced antitrust lawyer, and her confirmation hearings suggested she was pretty much going to stay the course,” said attorney and Brookings fellow Bill Baer, who led the DOJ’s antitrust division during the second Obama administration.

Here are the fortunate corporations whose federal cases or probes have been — or promised to be — dropped since Trump took office.