This take aged well (for real).

In Gensler's first three years as SEC chair, the agency has been sued for abusing its rulemaking powers more times than the SEC was sued in the prior 10+ years (spanning the tenure of three long-serving chairs combined).

Our opposition to the SEC’s request for $2B in penalties for legacy institutional sales is now public. In a case that had no allegations (or findings) of recklessness or fraud, and in which Ripple won on significant issues, the SEC’s ask is just more evidence of its ongoing…

Acknowledging the passing of Roberta Karmel, the first female SEC Commissioner who served from ‘77-‘80. In her book, “Regulation by Prosecution,” she bravely encouraged companies to fight back against the SEC’s bullying by enforcement tactics. Roberta - we hear you still.

.Senator Cynthia Lummis and Sen. Kirsten Gillibrand continue to advance crypto policy with their draft stablecoin bill. There is much left to be done, but great to also see others in Congress now engaging positively with crypto regulation.

Innovation is not (and should never be) partisan.

Seeing some confusion on next steps with the SEC vs. Ripple case. To clarify - Ripple will file its response to the SEC’s request for penalties by April 22 and the SEC has until May 6 to reply. There is no final pretrial conference because the SEC dismissed the charges against…

Has the U.S. registered its “National Geospatial Ecosystem” with the SEC?

Yesterday, in the Sup. Ct., when pressed for a limiting principle between a “bribe” and a “gratuity,” the gov. said “trust us” not to prosecute cases unfairly. When told that the gov.’s promise of good faith wasn’t good enough, the question was repeated: “Where’s the line?”

The SEC continues to lose. The Second Circuit Court of Appeals refused to reconsider their decision in Govil which held that if a buyer suffers no financial loss, the SEC is not entitled to disgorgement from the seller.

I don't know anything about this case, but it seems that other agencies in the US - - here (like SBFraud) the DOJ - - can adequately police crypto fraud without dragging everyone into the SEC's political quagmire.

justice.gov/usao-sdny/pr/h…