🔥🔥🔥 Eight U.S. states have filed a lawsuit against the SEC and its commissioners, accusing them of unconstitutionally exceeding their powers and unfairly suppressing the crypto industry under the leadership of Chairman Gary Gensler.

The lawsuit, signed by 18 Republican attorneys general, details how the agency has “seriously overstepped its authority” with its regulatory-by-enforcement campaign targeting the $3 trillion industry, resulting in violations of states’ rights to regulate their economies.

Source: Fox Business News - X @ EleanorTerrett