According to PANews, Messari CEO and co-founder Ryan Selkis issued a statement on the X platform, saying that he would no longer engage with the U.S. SEC in any formal or informal capacity until the SEC reforms and replaces its leadership. He now sees the SEC as a hostile opponent, competitor, and redundant federal regulator. Selkis pointed out that the SEC's approach to crypto regulation is ineffective, and SEC Chairman Gary Gensler is not only incompetent, but also corrupt. This statement is a draft that will be revised soon and then shared directly with SEC commissioners, congressional representatives, and senators.