🚀 In a plot twist worthy of a blockbuster, 18 US states have teamed up to take on the SEC and its head honcho, Gary Gensler. Accusing the SEC of "gross government overreach," these states are saying, "Not today, Gensler!" 🦸‍♂️

- The lawsuit, featuring states like Texas, Ohio, and Wyoming, claims the SEC is overstepping its bounds without Congress's blessing.

- Crypto firms are feeling the heat, with a whopping $426 million spent battling the SEC's unclear regulations.

What do you think? Is this the crypto industry's Godzilla moment? Share your thoughts below!