#crypto bros love to talk about how they're beating the SEC in the courts. the reality is actually exactly the opposite; out of some 200 cases the bros have beaten the SEC in one (#bitcoin ETFs, unfortunately, where the court forced the SEC to accept the fraudulent data the #CFTC had accepted before it was known to be fraudulent) and "won" half of another one (#Ripple / #XRP), where the part they lost resulted in one of the largest fines in SEC history.

today they lost two more big cases. they will keep losing unless (as they hope) they can bribe congress into changing the laws, which is why crypto is the industry responsible for half of all donations to the 2024 election.

John Reed Stark has the breakdown:

https://x.com/JohnReedStark/status/1841098360138146235

#cryptocurrency #uspol #uspolitics #Election2024 #2024Election #Trump #DonaldTrump #JDVance #uspol #uspolitics #politics #Kamala2024 #KamalaHarris #GOP #MAGA #MAGAts #Vote #Republicans #RVAT #Democrats #HarrisWalz2024 #VoteBlue #HarrisForPresident