Even after a16z spoke out, Paradigm also stood up. Next, all the leading VCs in the beautiful country may appear. It seems that this is already a competition between the SEC and the entire Crypto, exchanges, VCs, and projects! In the end, it will end with maximizing everyone's interests and picking up low-priced chips to prepare for the subsequent take-off.

Paradigm: The US SEC’s redefinition of exchanges exceeds the SEC’s legal jurisdiction and violates the Administrative Procedure Act​​​