Keep, in mind if you are consumed a certain podcast over this summer, we learned that certain SV VC firms were circulating token issuance schemes that involved

Keep, in mind if you are consumed a certain podcast over this summer, we learned that certain SV VC firms were circulating token issuance schemes that involved being outside of US jurisdiction to avoid oversight to game the systems. It's probably one of the clear headed things that JC has done in that at times he does shine a light of truth on something rather than the usual PR bluster he is known for. It's way bigger than the exchanges, there will be some VC firm fallout over this as the SEC will get involved.