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Quoting Emmer here... "the SEC isn't interested in clarifying

what areas in the crypto industry fall under SEC jurisdiction". "Chair Gensler has in the past directed the Division of Enforcement to send a sweep letter to the crypto community, designed to jam them into a violation that is allegedly unconstitutional, and if any company does not respond to said sweep letter, which I'll reiterate you've said several times are supposed to be voluntary, then the SEC would make it a bloodbath for them". Is that really a bit of a leap? The SEC is outright bullying the crypto community even when projects like AMP do have all their ducks in a row. Or am I misunderstanding the whole concept 😆

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Are you surprised that sec might be “bullying “?

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