Crypto.com's Legal Showdown with the SEC

This chapter explores Crypto.com's strategic lawsuit against the SEC, launched in response to a Wells notice indicating potential enforcement action. The discussion focuses on jurisdictional challenges and the implications of Texas as the chosen venue, emphasizing the conservative leanings of the Fifth Circuit and its historical skepticism towards regulatory authority. Additionally, the chapter delves into broader themes of agency power, the complexities of cryptocurrency regulation, and how these legal maneuvers may affect the industry as a whole.