Pantera, a crypto asset manager, predicts that many securities lawsuits against crypto companies in the U.S. will likely 'quietly go away' after SEC Chair Gary Gensler steps down in January. At a recent panel, Pantera’s chief legal officer, Katrina Paglia, suggested that settlements are anticipated, although full dismissals of the claims by the SEC might not be realistic. Instead, the outcomes may include language from defendants stating ‘neither admit nor deny’ while still involving some payment. Paglia expressed hope that the SEC may also issue 'no-action letters', indicating it won't recommend legal action for certain entities, suggesting a potential easing of the regulatory climate in the coming months. Gensler's tenure has seen a range of high-profile legal actions against companies such as Coinbase and Binance, but the shift in leadership could lead to a significant reduction in ongoing litigation.

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