@BillHughesDC

HUGE VICTORY FOR CRYPTO OVER THE SEC:

#SEC败诉 's finalized dealer rule runs afoul of the Exchange Act's text when defining inter alia "dealer".

Just because you trade a lot doesn't mean you are trading "as a regular business" making you a dealer. You need to do more than simply affect market liquidity - you must be a market intermediary buying and selling from/to customers as a regular service. And the SEC's Dealer Rule departs from this! It destroys the trader/dealer distinction.

THE RULE IS VACATED.

translation: Check your feet Gary, you dropped a big L.

Congrats to the Crypto Freedom Alliance and all who contributed to this court victory.