Crypto Under the Microscope 🔎

House Republicans are calling on the SEC for clarity over Prometheum's bold move in the Ether custody game. Will this push the boundaries of digital asset markets? Stay tuned. #CryptoRegulation #SECCrypto #EtherCustody
#BlockchainInnovation #DigitalAssetSecurity

Crypto Under the Microscope 🔎

House Republicans are calling on the SEC for clarity over Prometheum's bold move in the Ether custody game. Will this push the boundaries of digital asset markets? Stay tuned. #CryptoRegulation #SECCrypto #EtherCustody
#BlockchainInnovation #DigitalAssetSecurity

😬🚨 SEC LAWYERS QUIT AMIDST POWER ABUSE CONTROVERSY! 🤕😬

In a shocking turn of events, two attorneys from the United States Securities and Exchange Commission (SEC) have tendered their resignations amidst allegations of "gross abuse" of power and accusations of acting in "bad faith" in a high-profile crypto case. 😱💼

According to an explosive Bloomberg report dated April 22, lead attorneys Michael Welsh and Joseph Watkins, embroiled in the legal battle against crypto platform DEBT Box, chose to step down earlier this month, faced with the looming threat of termination if they chose to remain. 🔥📝

Both legal eagles were relatively fresh faces at the agency, as gleaned from their LinkedIn profiles. Welsh's tenure commenced in December 2022, while Watkins' journey with the SEC began in January 2023. 🔍💼

Their abrupt departure comes in the wake of a scathing court ruling by Chief Judge Robert J. Shelby, who delivered a blistering indictment against the SEC for disseminating false statements and misrepresentations in the case against Digital Licensing Inc., aka DEBT Box. 💥⚖️

Judge Shelby's damning filing in March characterized the SEC's conduct as a "gross abuse of power," dealing a severe blow to the credibility of the proceedings and the sanctity of the judicial process. 🛑📜

Critics of the SEC, especially under the leadership of Chair Gary Gensler, have sounded the alarm over the agency's contentious "regulation by enforcement" strategy. Detractors argue that this heavy-handed approach fosters regulatory ambiguity, stifles innovation, and poses a threat to America's standing in the fiercely competitive digital asset arena. 🌐💼

As the crypto community braces for the next chapter in this unfolding saga, stay tuned for more updates as we navigate the treacherous waters of regulatory uncertainty together!

- Professor Mende, signing off!

#SECCrypto #BullorBear #BTC #bitcoin #Metaverse

$BTC $ETH $SHIB

As i told you before #BTCHalvingApril2024 is right around the corner and you will see big crash coming ! #BTC🔥🔥🔥🔥🔥🔥 could drop to 50-55 k … this is your time to hold DCA and accumulate before end of 2024 #ADABullish is really in cheap price #XRP/USDT🔥🔥: huge potential but the #SECCrypto is banging on it ! Good luck .

JUST IN:

🇺🇸 US House Financial Services says "classifying #ETH as a security contradicts previous statements of the SEC and Chair Gensler."

Follow for more.

$ETH

#SECCrypto #ETH💝USDT

JUST IN:

SEC pursues over $5 billion penalty against Do Kwon and Terraform Labs.

Follow for the latest.

#SECCrypto #dokwon #TerraformLabs

🔥TOP CRYPTO NEWS RECAP (March 24–30, 2024)

●      Sam Bankman-Fried Sentenced to 25 Years for FTX Crimes
●      Coinbase to Shift all USDC Blances to Base Chain
●      US DOJ and CFTC Charge KuCoin for AML Violations and Unlicensed Operation
●      Terra Founder Do Kwon Released Amid Extradition Deliberations
●      SEC Seeks $2 Billion in Fines Against Ripple, Claims Exceed Authority
●      Fidelity Seeks Approval for Innovative Spot ETH ETF with Staking Option

Read more here

#MelegaSwap
#melega
#SBFSentencing
#BTC🔥🔥🔥🔥
#SECCrypto

JUST IN : SEC seeks $5.3 billion from #Terraform Labs.

The Security and Exchange Commission 🇺🇸 has filed a motion to seek $5.3 billion in damages and civil penalties from Terraform Labs and co-founder Do Kwon after a civil case verdict.

Follow for the latest in the space.

#DoKwon #TerraformLabs #SECCrypto

Why SEC doing this again and again,

The SEC is going after Unisawp and Richard Heart to 'protect us'

But where were they with the fakest of DeFi?

BlockFi, Celsius, Voyager, FTX, AXIE, 3AC

Remember when the SEC manipulated the entire Crypto market with a fake ETF tweet from their official account?

Wiping out billions through liquidations.

Standing together to fight against the SEC is what we all need to be doing!

Your enemy is our enemy.

#SECCrypto #uniswap #BullorBear