SEC is obsessed with having control over this industry at any cost. Hopefully it backfires.

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TLDR: A federal judge has criticized the SEC’s poorly argued attempts to regulate cryptocurrencies, warning that its arguments could set a dangerous precedent for regulatory overreach. The case in question involves a company that issued tokens in an ICO, which the SEC claims were unregistered securities. However, the judge expressed skepticism about this claim and suggested that the SEC may be overreaching in its attempts to regulate cryptocurrencies.

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