Chamber of Commerce Says “The SEC’s actions are not just harmful policy; they are unlawful.”
The Breakdown
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The SEC's Failure to Comply With Congressional Requests for Information on Crypto Enforcement
Reps. McHenry and Heisenga have offered a quote extraordinary accommodation, reducing their immediate request for information about crypto enforcement to simply producing a list of crypto firms that have attempted to register as Chair Gensler is so fond of suggesting they do. Congressman Brad Sherman himself sent a letter to the SEC this time regarding the grayscale Bitcoin Trust (GBTC) The plight of GBTC investors may ultimately be due to a governance structure that is dominated by grayscale's parent company DCG.
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