Today's filings make it clear the SEC isn’t interested in applying the law. They want to remake it all in an impermissible effort to expand their jurisdiction far beyond the authority granted to them by Congress.
My hot take - after two years of litigation, the SEC is unable to identify any contract for investment (that’s what the statute requires); and cannot satisfy a single prong of the Supreme Court’s Howey test. Everything else is just noise.
.@GaryGensler's latest WSJ commentary proves that the SEC's priority is to protect its turf at the expense of the 40M+ Americans in the crypto economy. I responded, explaining how his agency’s actions are actually leaving consumers holding the bag. https://t.co/3yxaTHFuSp
Lord i know it's u. You closed that door & opened this 1. You allowed this but not that. You showed me this but kept me away from that. You healed me but u also allowed the pain of yesterday to remind me. For it all Lord i thank u because it has made me who i am