SEC Creates 'Cheat Code' For Crypto Legal Battles
It appears the venerable Securities and Exchange Commission (SEC), a body renowned for its steadfast commitment to clarity and not, under any circumstances, confusing everyone, has bestowed a rather curious gift upon the digital asset realm. One might almost call it an early holiday present, delivered not by a jolly fat man, but by a sprawling federal bureaucracy. This recent exemptive order, ostensibly designed for… reasons, has reportedly clarified precisely *nothing* about the underlying nature of digital assets, yet everything about how one might leverage a technicality in a court of law.
Indeed, crypto exchanges previously resigned to lengthy, expensive skirmishes can now reportedly wield this regulatory pronouncement as a sort of golden ticket. It's almost as if the very entity tasked with keeping these burgeoning industries in line has, with a flick of a wrist, handed them a blueprint for successful legal maneuvers. One can only imagine the bewildered expressions on some legal teams, suddenly discovering their regulatory adversary has inadvertently furnished them with a crucial legal precedent. It truly is a testament to innovative problem-solving, if the problem was, in fact, how to inadvertently empower your opposition.
Humanly Impossible
Staff Writer
