According to Eleanor Terrett, there is a regulatory warning that fraudulent conduct related to the offer and sale of meme coins could be subject to enforcement action or prosecution by other federal or state agencies under other laws. This indicates that while some agencies might not pursue actions directly, other legal channels remain open for potential prosecution, emphasizing the need for traders to exercise caution when dealing with meme coins.

According to The Kobeissi Letter, the SEC has officially closed its investigation into Robinhood Crypto, listed under the ticker $HOOD, and will not pursue any enforcement action. This development may positively impact Robinhood's stock price as regulatory concerns are alleviated, providing a more stable environment for trading.