Over 18 AGs from various states filed a lawsuit against the SEC and Gary Gensler.
The SEC was sued for regulatory overreach on digital assets and crypto markets.
Following the lawsuit, SEC Chair Gensler hints at resigning before the end of the term.
The U.S. Securities and Exchange Commission (SEC) faces another lawsuit for its iron fist approach to cryptocurrency. On Thursday, over 18 U.S. State Attorney generals (AGs) filed a case against the SEC and its commissioners, accusing them of “regulatory overreach” on digital assets.
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