🚨 Legal Clash Update 🚨

📢 In the ongoing battle between Coinbase and the SEC, pro-XRP lawyer John Deaton accuses SEC Chair Gary Gensler of gaslighting the public, highlighting disagreements on crypto regulation.

The SEC's rejection of Coinbase's rulemaking petition raises questions about applying existing securities laws to cryptocurrencies and the commission's priorities.

Deaton points out Gensler's flip-flop on crypto's uniqueness, calling it a political move with ties to Senator Elizabeth Warren.

The SEC's mixed signals, coupled with legal disputes with Coinbase, Binance and Grayscale Investment add complexity to the regulatory landscape.

Stay tuned for further developments!

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