Gary Gensler once described the Securities and Exchange Commission’s (SEC) role in policing the “Wild West” crypto industry as a “cop on the beat”. Although anecdotal, what has since followed is a series of high-profile civil lawsuits against some of the sector’s largest players. Yet, a statement like this would only ring true if the SEC actually adhered to its very own rule-driven standard. It’s no secret that the SEC, which aims to bring crypto under tighter government scrutiny as its primary overseer, is continuing to drag its feet by refusing to tailor rules to clarify oversight of the multi-trillion dollar ... (full story)