Anoncounsel🎩 (anoncounsel)

It’s a good day when 8 U.S. attorneys general say the SEC is exceeding its delegated powers bc crypto assets ≠ automatic securities & SEC’s theory in Kraken serves as a power grab by the agency. Steady, lads. The tide is turning 🫡

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SEC Commissioner @HesterPeirce pulls back the curtain on Chair Gensler’s “come in & talk to us” approach, exposing the agency’s lack of genuine interest in industry dialogue. The message to builders is clear: don’t bother.

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Don’t sleep on the MangoDAO prop that sought to appoint a DAO rep to handle U.S. regulatory scrutiny of the DEX. Regulators aggressively pursued DEXs in ‘23, so this may be a sign of what’s to come in ‘24. https://x.com/coindesk/status/1743305214428426355?s=46&t=z7ze1jQzBwG8ed1eyBo8Tg

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Another highly publicized loss for the current SEC & Chair Gensler. Won’t be surprised to see an uptick in enforcement as the SEC attempts to bury its continued Ls. https://x.com/intangiblecoins/status/1791140960459514152?s=46&t=z7ze1jQzBwG8ed1eyBo8Tg

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