The following statement is attributed to Blockchain Association CEO Kristin Smith following Crypto.com’s lawsuit against the SEC:
“Today, Crypto.com is stepping up on behalf of the more than 50 million American crypto holders to file suit against the SEC, arguing that the agency has unlawfully expanded its jurisdiction beyond statutory limits. Despite overwhelming bipartisan support for the industry in Washington, the SEC continues to regulate through enforcement, driving the American crypto industry offshore.
“Crypto.com’s leadership – and commitment to win for not only itself, but for the entire U.S. crypto industry, and its users – sends a clear message to the SEC: The crypto industry is here for good.”
