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SEC’s Crypto Favoritism Sparks Backlash: ’Smells Like Regulatory Cronyism’
SEC’s Crypto Favoritism Sparks Backlash: ’Smells Like Regulatory Cronyism’
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SEC Commissioner Caroline Crenshaw fires shots at her own agency, accusing it of ’playing market god’ with selective crypto enforcement. The regulator’s recent greenlights for Bitcoin ETFs while crushing smaller altcoins reeks of DC’s favorite pastime—letting bureaucrats decide who gets a seat at the money printer.
Wall Street’s new crypto love affair gets murkier by the day. Behind the polished PR about ’investor protection,’ the SEC’s moves look suspiciously like a backroom deal—blessing institutional darlings while Main Street projects get the hammer. Same old game, just with blockchain window dressing.
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