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BTCC / BTCC Square / decryptCO /
Ex-SEC Chief Sparks Firestorm: Liquid Staking Called ’Crypto’s Lehman Moment’—Industry Claps Back Hard

Ex-SEC Chief Sparks Firestorm: Liquid Staking Called ’Crypto’s Lehman Moment’—Industry Claps Back Hard

Author:
decryptCO
Published:
2025-08-06 02:09:22
14
1

Ex-SEC Chief of Staff Compares Liquid Staking to Lehman, Crypto Industry Fires Back

Regulators just lobbed a grenade into DeFi summer—and the shrapnel's flying.

Former SEC heavyweight drops Lehman comparison on liquid staking, triggering instant backlash from crypto natives. '2008 called—it wants its lazy analogies back,' tweets Kraken's CLO.

Meanwhile, staking protocols hit new TVL highs as Ethereum validators shrug. 'Unlike Lehman, our balance sheets actually exist on-chain,' quips Lido dev.

Bonus jab: Somewhere in Manhattan, a Goldman VP is charging $500/hr to explain why this time is different.

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