Elon Musk’s newly minted Department of Government Efficiency (DOGE) has reportedly taken a bite out of the United States Securities and Exchange Commission (SEC). 🦺
A mysterious X account, @DOGE_SEC, is leading the charge to uncover any hidden skeletons in the regulatory closet. 🕵️♂️
The DOGE_SEC account has rallied the public to join the hunt. “DOGE is on the case! Drop us a DM with any dirt on the SEC’s antics,” they announced, with a wag of the digital tail. 📩🔍
This unexpected turn has sent ripples through the cryptocurrency community, especially as the SEC’s long-drawn-out lawsuit against Ripple approaches its climax. 🌊
Legal and financial experts are chiming in, with Coinbase’s Chief Legal Officer, Paul Grewal, proposing a new rule: the SEC should foot the legal bills for those who win their battles. Many in the crypto world have been barking up the SEC’s tree over its heavy-handed approach. 🗣️💰
Meanwhile, Ripple’s Chief Legal Officer, Stuart Alderoty, has hinted at a bombshell. “I’ve got the receipts,” he teased, suggesting that explosive documents may soon see the light of day. 📄💥
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2025-02-17 22:47