BREAKING: 18 States in the US Sue the SEC and Chair Gary Gensler for Cryptocurrency Actions
Eighteen US states have filed lawsuits against the SEC and its members, accusing them of violating the constitution and exerting unfair pressure on the crypto industry under the leadership of agency chairman Gary Gensler.
The lawsuit, signed by 18 Republican attorneys general, says the agency is engaging in “big government overreach” with its enforcement efforts against the $3 trillion industry, which has resulted in a violation of states’ rights to regulate their economies.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former NFL player Russell Okung's new football league wants to pay players in Bitcoin
McDonald’s partners with Doodles for collector cups, online promotion
Trump picks ex-SEC chair Jay Clayton as US Attorney for Manhattan
241115: Dogecoin Surges 48% as Traders Eye $1 Milestone
Dogecoin (DOGE) surged by 48% within 24 hours, continuing a strong, four-day rally that has stirred hopes of a $1 price target. The memecoin, which briefly exceeded 41 cents for the first time since May 2021, has gained over 150% in the last week and nearly tripled over 30 days. Speculation around