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18 US states file lawsuit against SEC and Gary Gensler
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18 US states file lawsuit against SEC and Gary Gensler

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18 US states file lawsuit against SEC and Gary Gensler
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Source: Coin Telegraph

President-elect Trump has vowed to fire SEC Chairman Gary Gensler and replace him with a more crypto-friendly SEC head. 

18 US states have filed a lawsuit against the Securities and Exchange Commission (SEC) and Chairman Gary Gensler, accusing the financial regulator of “gross government overreach” against the nascent crypto industry.

The joint lawsuit against the SEC. Source: Eleanor Terrett

The plaintiffs include Nebraska, Tennessee, Wyoming, Kentucky, West Virginia, Iowa, Texas, Mississippi, Ohio, Montana, and others. The legal complaint reads:

Read more

Go to Source
Author: Vince Quill

Related posts:

  1. SEC chair compares stablecoins to casino poker chips
  2. SEC chair uses crypto enforcement in justification for FY2023 budget
  3. SEC’s Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer
  4. Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether
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