🎉Big news for #crypto supporters!😃 Investment firm Paradigm is backing Bittrex by filing an amicus brief against the SEC's claims of "wrongful charges" in the secondary #crypto market.✊

The Howey test, used by the SEC, seems unreasonable in this case, as Paradigm argues that crypto assets aren't "investment contracts" and thus, not under the SEC's jurisdiction.🤔💡

👉This could be a game-changer, as the SEC had similar charges against Coinbase and Binance. Coinbase co-founder, Fred Ehrsam's support aims to hold the SEC accountable for a lack of clarity in digital asset regulation.🚀💼

Join the discussion⬇️What are your thoughts on Paradigm's move and the SEC's crypto regulations?💭 🗨️