📣Hey #DeFi and #Web3 enthusiasts! The U.S. Supreme Court just gave the SEC a reality check! 🏛️💥 In a 6-3 vote, they ruled that SEC's use of in-house judges for enforcement is a no-no, violating the constitutional right to a jury trial. 🚫⚖️

Previously, the SEC could handle civil securities fraud accusations and levy penalties internally, thanks to the Dodd-Frank Act of 2010. But now, they'll have to rely on federal trial courts. 🏦👨‍⚖️

This could have ripple effects on other federal agencies too, like the NLRB, who also use internal processes for enforcement. 🌊🏢

Chief Justice Roberts said, "A defendant facing a fraud suit has the right to be tried by a jury of his peers before a neutral adjudicator." 🗣️👥

But hey, don't worry! Associate Justice Gorsuch reassured that the SEC still has "ample powers and recourse." 💪🏻🔨

What do you think about this? Will this change the game for DeFi and Web3? Drop your thoughts below! 👇👇👇 #BlockchainNews #CryptoTwitter

P.S. This is not financial advice. Always do your own research. 🧐🔍