BLOCKCHAIN ASSOCIATION SAYS SEC HAS COST CRYPTO INDUSTRY $400 MILLION SINCE GENSLER BECAME CHAIR

Summary from the TLDR Crypto newsletter

The Blockchain Association's member firms have collectively spent ~$400M defending against SEC enforcement actions since Gary Gensler became chair. A recent survey found that 2/3rds of U.S. voters believe the SEC should wait for clearer regulatory guidelines from Congress before pursuing further crypto enforcement actions.