Lejilex and the SEC have filed mutual motions for summary judgment in Texas federal court over the classification of crypto assets. Lejilex claims that the SEC overextended its regulatory authority by stating that it will facilitate crypto transactions and not sell securities. The SEC argues that Lejilex is trying to get a ruling that cryptocurrencies are not considered securities. Lejilex founder Mike Wawszczak said that they were forced to file a lawsuit instead of launching their business. What do you think about this? Let’s discuss it in the comments.