BREAKINGđš18 States in the US Sue the SEC and Chair Gary Gensler for Cryptocurrency Actionsâïžđ„
1ïžâŁEighteen US states have filed lawsuits against the SEC and its members, accusing them of violating the constitution and exerting unfair pressure on the crypto industry under the leadership of agency chairman Gary Gensler.
2ïžâŁThe lawsuit, signed by 18 Republican attorneys general, says the agency is engaging in âbig government overreachâ with its enforcement efforts against the $3 trillion industry, which has resulted in a violation of statesâ rights to regulate their economies.