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Blockchain Association Files Amicus Brief, Wants To Stem SEC’s ‘Regulation By Enforcement’ Trend

Blockchain Association, an organization that advocates for peer-to-peer technology that hands back power to creators and users, has filed an amicus brief in the ongoing SEC v. Wahi federal case.

Posting on Twitter and updating the community on the amicus brief filing, Marisa Tashman Coppel, the policy counsel of the Blockchain Association, said they want to counter what they see as a trend by the United States Securities and Exchange Commission’s (SEC) to regulate crypto projects by enforcement. 

Marisa added that the SEC has been penalizing firms and users, imposing enforcement actions against third parties with no meaningful opportunities to defend themselves.

(By Dalmas Ngetich)

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