SEC Sued by 18 Republican States Over Crypto Authority

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SEC Sued by 18 Republican States Over Crypto Authority

Eighteen Republican states filed suit Thursday against the Securities and Exchange Commission, including its chair, Gary Gensler, for allegedly taking regulatory authority away from the states through enforcement actions against crypto firms. The suit, filed by attorneys general from Texas, Florida, Kentucky and others, along with the Defi Education Fund, seeks a court order that would

This is how to write laws without Congress. Capture the judiciary, file lawsuits in friendly courts, and the judge can remove the executive's enforcement authority, leaving the government without the ability to govern.