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.
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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.‘’
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