SEC Transparency Concerns Rise as DeepSnitch AI Presale Gains Traction

The U.S. Securities and Exchange Commission faces mounting scrutiny after an internal watchdog report revealed nearly a year of former Chair Gary Gensler's text messages were permanently erased. The lost communications span October 2022 to September 2023—a period coinciding with the regulator's aggressive crypto enforcement actions.

Investigators cited avoidable IT failures including ignored system alerts and inadequate backup protocols. The disclosure has amplified existing skepticism about regulatory transparency, particularly as the SEC continues its crackdown on digital asset firms.

Meanwhile, traders are shifting focus to emerging opportunities. DeepSnitch AI's presale has attracted $182,000 in days by blending meme coin virality with trading utility. The project's rapid funding suggests investors are looking beyond regulatory uncertainty for high-potential plays.