🤯The SEC Gets Sanctioned By Judge!👨‍⚖️

The SEC took massive losses this week with the biggest coming from the Judge in the DebtBox case.

Hi Everyone,

The SEC and Gary Gensler continue their unlawful activities and overreach against the crypto industry. But the courts are keep them in check!

SEC vs DebtBox

The judge in the DebtBox case has sanctioned the SEC.

Here is what attorney James Murphy aka MetaLawMan had to say:

Empower Sues SEC Again!

Empower Oversight files another lawsuit against the SEC for failure to provide documents related to Ethereum conflicts of interest by Bill Hinman and Jay Clayton via a FOIA request.

Crypto Council backs Coinbase

The industry continues to support crypto exchanges fighting the against the SEC overreach. The Crypto Council for Innovation filed an amicus brief in support of Coinbase.

Fidelity Ethereum ETF

Fidelity wants staking in their Ethereum Spot ETF! They filed an amendment for their SEC application.

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📈Crypto Market Sentiment

Here are some key data points from Santiment on what is happening in the crypto market over the past 24 hrs.

Coins Trending via Social Media

SLERF leads in social mentions. It is a Solana based memecoin and is trending due to the accidental burning of $10 million worth of tokens resulting in a surge in value and liquidity despite the mistake.

Developer Activity

The top 10 coins with the month developer activity.

📰 Latest Crypto Industry News

➡️ The Securities and Exchange Commission today announced that Genesis Global Capital, LLC agreed to a final judgment ordering it to pay a $21 million civil penalty and imposing a permanent injunction to settle charges that it engaged in the unregistered offer and sale of securities through a crypto asset lending program known as the Gemini Earn program - SEC

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-Tony💡