Crypto is legally a commodity due to 2022-23 era lobbying, not a security. As such, it falls to the CFTC to regulate it, not the SEC. The CFTC has been defange

Crypto is legally a commodity due to 2022-23 era lobbying, not a security. As such, it falls to the CFTC to regulate it, not the SEC. The CFTC has been defanged in both administrations, but it was Sequoia and Dustin Moskovitz backing the last admin via FTX and A16Z backing the current admin.