In a bold challenge to federal authority, 18 U.S. states have filed a lawsuit against the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, accusing the agency of overstepping its regulatory bounds. The lawsuit alleges that the SEC’s aggressive enforcement actions against the cryptocurrency industry represent an unauthorized expansion of its power. Ripple’s The post Ripple Lawyer Joins Criticism as SEC Faces 18-State Crypto Lawsuit appeared first on Coin Edition .
