Overview
On February 14, The Wall Street Journal quoted Coy Garrison in their piece titled, "Crypto Investors Brace for More Crackdowns From Regulators." The article discusses recent regulatory lawsuits and investigations in response to the growing cryptocurrency market and its volatility.
In response to the SEC's recent activity, Coy Garrison said: "The FTX blowup emboldened the SEC. There is a political incentive to bring bigger cases post-FTX to be viewed as the responsible cop on the beat. You are starting to see opportunistic and uneven actions that are designed to try to bring major industry players and platforms within the SEC’s jurisdiction."
Read the full article at The Wall Street Journal. [subscription required]
