Crypto.com sues SEC and its Chairman Gary Gensler! đ
- **Why?** The SEC has sent Crypto.com the Wells Notice. This notice is an advance warning of potential criminal charges.
- **Purpose:** Crypto.com wants to prevent the SEC from expanding its jurisdiction.
- **Additional Step:** They have filed a petition with the CFTC and the SEC stating that certain crypto derivatives products should be regulated only by the CFTC.
Stay tuned and share your thoughts in the comments! đŹ
