BREAKING: Just minutes after Gary Gensler released a statement suggesting he may be leaving the SEC, 18 US states have sued the SEC, according to Fox News.
These 18 states are accusing the SEC of unconstitutional overreach and unfair persecution of the crypto industry.
The suit specifically mentions the unconstitutional overreach under Chair Gary Gensler.
💥BREAKING: BlackRock, Fidelity, Wisdomtree, VanEck, and Invesco spot #Bitcoin ETF applications are now added to the federal register! 👀
This means it could get accepted within DAYS!
🚨I’m calling to restructure the @SECGov and the removal of Chair @GaryGensler.
Watch my closing remarks from today’s hearing where I lay out the abuse of power and failure to protect investors that has occurred.