The SEC has never regulated anything.

They have been shown basic, wholesale violations... and have done nothing about it.

Then they make these weird lawsuits
... i guess they are trying to set precedence by hook or by crook.
No actual law, no actual code, but we will see if we can get money out of em.

Reggie Middleton and Veri
XRP
and now Tron...

Going after some of the best... not a peep about some of the tokens that are complete scams.
Maybe they think Justin has money, lets sue him.