Great interview on @CryptoCriticPod with a former SEC official about what went wrong w/crypto enforcement. My favourite quote:
> “Crypto is a machine where fraud and money laundering go in one side and campaign contributions come out the other end.”
He also makes an important point about how crypto scams functionally DDoS'ed America's regulators.
> "Having 15,000 nationally available non-compliant securities [that want to litigate every step of the way] issued [within such a short time span] is not something that’s ever happened before."
https://www.youtube.com/watch?v=aF7gR-1MHbw