On the opening day of Messari Mainnet 2021, New York City’s long-awaited first crypto conference because the start of COVID-19, reviews got here blazing in thru a viral tweet that the United States Securities and Exchange Commission had served a subpoena to an event panelist on the pinnacle of an escalator in wide daylight hours. While it’s still not completely clear who became served (or why), this isn’t the primary time the SEC has encroached upon the crypto industry in complete view of the general public. Let’s move lower back a mere two months.On July 20, 2021, SEC Chair Gary Gensler issued his feedback outlining the SEC’s scope of authority on cryptocurrency:
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