To show how the SEC has provided guidance to the industry, Chair Gensler cites to the 2019 FinHub framework. However, when CB relied on this guidance, the SEC sued them & alleged CB was “boost[ing] its own trading profits.” 🤔

To show how the SEC has provided guidance to the industry, Chair Gensler cites to the 2019 FinHub framework. However, when CB relied on this guidance, the SEC sued them & alleged CB was “boost[ing] its own trading profits.” 🤔 https://x.com/iampaulgrewal/status/1735716481541996640?s=46&t=z7ze1jQzBwG8ed1eyBo8Tg

michael passalacqua • sharing crypto & finreg stuff • views = my own • casts ≠ legal advice • not ur lawyer…unless you hire willkie farr 

Hopefully we can have @iampaulgrewal join us one of these days for an AMA on SEC guidelines (or lack thereof).

Crypto Attorney, Web2 Founder, Farcaster Maxi. Moderator for /law-policy