Subject: File No. S7-02-22
From: Joseph Smith
Affiliation: Data Analyst

January 27, 2022

The SECs actions in recent years are incredibly transparent in their efforts to cripple the innovative space that is block chain and cryptocurrencies.

From this proposed update to the definition of securities exchange, to the malicious complaint being litigated against Ripple Labs, these actions are a blatant attempt to exert power over a space that is thriving.

I'm confident your efforts to maintain the status quo will ultimately fail long-term, because this encroachment is characteristic of every single Biden administration overreach we've seen thus far.

You are not smart enough to outmaneuver the decentralized marketplace, so save yourself the embarrassment.