June 13, 2023
Rather than fighting crypto the SEC needs to embrace it. This is a fight that will be lost you cannot stop technology, you couldn't stop the Internet and you can't stop crypto and you can't stop defi.
In the same way that the government tried to go after napster and failed to stop song sharing you will have the same effect on the crypto and defi markets.
Many otherwise law abiding citizens will be turned into criminals and that makes no sense.
If the mission of the SEC is to protect individual investors you are doing the exact opposite you're making them criminals and you are persecuting their investments you are the criminal you should prosecute yourself.
One only has to look at your record and what you've done to the investors of ripple and other cryptocoins and other assets including coinbase and the various exchanges to see that the SEC is destructive to investors more than FTX ever was.
Eventually your vain attempt to maintain control will leave you looking foolish.