It’s a good day when 8 U.S. attorneys general say the SEC is exceeding its delegated powers bc crypto assets ≠ automatic securities & SEC’s theory in Kraken serves as a power grab by the agency. Steady, lads. The tide is turning 🫡

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

General Counsel with Valora, Inc. 


Casts are personal. I am not your lawyer. 

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

https://blockworks.co/news/state-ags-warn-sec-kraken