Former SEC adviser warns regulation by enforcement persists despite federal shakeup

The departure of former Securities and Exchange Commission (SEC) Chair Gary Gensler has not ended the agency’s regulation-by-enforcement approach toward the crypto industry. According to Justin Slaughter, Paradigm’s vice president of regulatory affairs and a former adviser to the SEC and Commodity Futures Trading Commission (CFTC), the ongoing state-level lawsuits against crypto exchanges, particularly Coinbase, […]