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Crypto vs SEC : 18 States Join Forces Against SEC Crypto Regulations
Eighteen U.S. states have teamed up in a bold lawsuit against the SEC. They aim to challenge what they see as federal overreach in crypto regulation. The lawsuit is led by Kentucky Attorney General Russell Coleman. The group includes AGs like Florida’s Ashley Moody, Texas’s Ken Paxton, and Tennessee’s Jonathan Skrmetti. Together, they’re calling out the SEC for enforcing unclear crypto rules that, in their view, tread on states’ rights. But why such a big pushback? Let’s dive into the crypto vs SEC case and see what’s really at stake.