Paradigm Challenges SEC’s Approach in Binance Case
In a statement, a crypto venture capital firm accused the SEC of attempting to bypass the rulemaking process by leveraging the allegations in its complaint to effectively change the law.
Paradigm vehemently opposes this perceived overreach, asserting that the SEC is exceeding its jurisdiction.The company also stated, ‘There is a whole host of assets [Gold, silver, fine art] that are promoted, bought, and sold for their profit potential, yet they have been repeatedly deemed not to be securities per se.‘’
