🚨 **Crypto.com Takes Legal Action Against SEC!**
Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), including its Chair Gary Gensler and four commissioners. The legal move follows a Wells Notice from the SEC, which is a preliminary warning of potential charges.
- **Who Filed?** Foris DAX Inc., operating as Crypto.com.
- **Why?** To prevent the SEC from expanding its jurisdiction over secondary-market sales of certain tokens.
- **Additional Action:** Crypto.com also petitioned the CFTC and SEC for clarity on regulating cryptocurrency derivatives.
What are your thoughts on this legal battle? Drop your comments below! 👇