A new high-level appointment in the regulatory policy division of the Securities and Exchange Commission (SEC) is sure to raise concerns within the cryptocurrency industry. Is the regulatory vendetta against crypto about to intensify?

The SEC’s Division of Corporate Finance has announced the appointment of Mellissa Campbell Duru as its new Deputy Director for Legal and Regulatory Policy. Just as high-profile lawsuits targeting Ripple and Coinbase are playing out in the courts. The crypto industry in America badly needs more friends in high places – not enemies.

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