Clearly, the Securities and Exchange Commission wants influencers to stop promoting crypto.
“Hexicans: time to post the unblurred versions here. If they’re fake—no harm right?”“Do you accept the good advice you're given? You think you do, but do you really? Are you using secret chats with self-destruct timers? Or are you a slow learner? Is it hard for you to click buttons?”
The above tweet supports Wall’s claims. However, Wall maintains that he has no respect for the SEC and that he’s just sharing the information.SEC Chair Gary Gensler recently used examples of SEC enforcement against crypto lending firm BlockFi and a former Coinbase employee in justifying the agency’s actions regarding violations of U.S. securities laws while writing for the Practising Law Institute’s Annual Institute on Securities Regulation.
According to the SEC chair, the commission’s enforcement staff consisted of “public servants” and “cops on the beat” who were “uniting public zeal with unusual capacity.”
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