Wu said that Skybridge Capital founder Anthony Scaramucci tweeted that Biden's stance on cryptocurrency may cost him a greater price. Vetoing SAB 121 is a very wrong decision, especially at this critical moment. Biden previously stated in a statement that overturning the SEC's well-thought-out judgment in this way may undermine the SEC's broader authority in accounting practices, but his government will not support measures that endanger the well-being of consumers and investors.