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SEC Neglects Actual Scams for Bank-Regulated Assets: Ex-Paxos Exec

Published 11/04/2023, 12:03 AM
Updated 11/04/2023, 12:15 AM
SEC Neglects Actual Scams for Bank-Regulated Assets: Ex-Paxos Exec

  • John Deaton claimed that the SEC would be mortally wounded by the U.S. Supreme Court.
  • Former Paxos Executive Austin Campbell noted PYUSD’s store value.
  • PayPal’s newly launched, dollar-backed coin has been subpoenaed by the SEC.

Pro-XRP lawyer John Deaton recently expressed his opinion on the inevitable wounds that the U.S. Securities and Exchange Commission (SEC) will obtain from the U.S. Supreme Court. Deaton shared the views of former Paxos Executive Austin Campbell, who claimed, “If the SEC simply did not exist and had been replaced with literally nothing, far fewer consumers would have been harmed in crypto.”

Campbell pointed out the SEC’s “ongoing crusade to protect terrorist funding and large bank monopolies at the expense of the American consumer”. He mentioned the agency’s strikes against Paxos…

The post SEC Neglects Actual Scams for Bank-Regulated Assets: Ex-Paxos Exec appeared first on Coin Edition.

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