They are coming after everyone! Add Beaxy to the list of exchanges getting harassed by the SEC. Would love to see them get to the bottom of the Cryptopia debacle, apparently they don't get involved in defunct exchanges. It is nice seeing them go after all the insider trading though, which has been a really big problem in the crypto industry for a really long time. Still, I feel many people were under the illusion that current financial laws didn't apply to crypto. It was obvious what they were doing was wrong though. Frankly, I think they're using current financial laws to bully the industry. I also don't think it's fair that they're lumping us in with old outdated securities laws. This is a new and completely different financial instrument than anything that came before it, and is deserving of its own legal framework and guidance. https://www.coindesk.com/policy/2023/04/04/the-secs-beaxy-suit-looks-like-a-coinbase-case-preview/