Crypto Mom Vs. SEC: A Dissent to Remember
Hester “Crypto Mom” Peirce, the SEC commissioner who’s been the crypto community’s voice of reason, finally broke her silence on the SEC vs. LBRY case. And let’s just say she’s not sending the SEC a Christmas card this year. 🤯
Peirce is flabbergasted, to put it mildly. She questions whether the SEC’s “scorched earth” approach against LBRY benefits investors or the market. In her words, the SEC’s action “contributed to the demise of a company that had built a functioning blockchain with a real-world application.” Ouch.