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SEC Chair Who Crushed Ripple Now Targets Roman Storm – Crypto Crackdown Escalates
SEC Chair Who Crushed Ripple Now Targets Roman Storm – Crypto Crackdown Escalates
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The hammer drops again. Gary Gensler’s SEC—fresh from its $1.3 billion scalp of Ripple—just trained its sights on Tornado Cash co-founder Roman Storm. Another day, another crypto project in the regulatory crosshairs.
Why it matters: The same playbook that nailed XRP’s ‘unregistered securities’ label now threatens to redefine privacy tools as financial felonies. Gensler’s grinding the enforcement gears while the industry braces for impact.
The cynical take: Nothing stimulates ‘regulatory innovation’ like the chance to litigate against projects that actually have revenue. Watch those legal fees mint new ATHs while builders flee offshore—efficiency at work.
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