Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The @SECGov and @GaryGensler wouldn't accept responsibility for lying to a federal judge in @TheDebtBox nor for its lack of faithful allegiance to the law in hiding the Hinman documents. But they are lecturing others for explaining how they defeated SEC legal theories in court. https://t.co/syjOcOoXgN
CRYPTO INDUSTRY LAUNCHES PRE-EMPTIVE LEGAL STRIKE AGAINST SEC - The DeFi Education Fund (DEF) @fund_defi files a lawsuit against the SEC in a Texas federal court, challenging the regulator's aggressive enforcement of securities laws. -The lawsuit focuses on @BebaCollection, a… https://t.co/GlM8qC6GG9 https://t.co/tCLK1PaLA6
JUST IN: DEFI EDUCATION FUND (DEF) FILES A LAWSUIT IN A TX FEDERAL COURT TODAY AGAINST SEC ARGUING AIRDROPS ARE NOT SECURITIES
The DeFi Education Fund (DEF) and Texas apparel company Beba have filed a lawsuit against the SEC in a Texas federal court, arguing that airdropped tokens are not securities and thus should not be subject to the regulator's aggressive enforcement tactics. This legal action is a response to what is seen as an existential threat from the SEC's regulation by enforcement crusade against the crypto industry, emphasizing that 'no investment of money equals no investment contract.' The case has attracted significant support from various industry stakeholders, underscoring widespread discontent with the SEC's current approach towards crypto regulation.
