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<ul><li>Messari declared that it will no longer engage with the SEC citing the agency&#39;s alleged counterproductive approach to crypto markets.</li><li>Messari plans to challenge the SEC’s legitimacy and effectiveness in regulating crypto markets through courts, Congress, and media efforts.</li><li>The declaration accuses the SEC, particularly under Chair Gary Gensler, of corruption, incompetence.</li></ul>Messari, a leading provider of crypto market intelligence, has publicly declared its independence from the U.S. Securities and Exchange Commission (SEC) stating they will no longer engage with the agency. CEO Ryan Selkis, in a <a href="https://x.com/twobitidiot/status/1809891240525144567" rel="noopener noreferrer nofollow">post</a> on his X account, outlined Messari’s reasons for the declaration.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfZyI463KP6YJYyJKNxrYGbSPWhFYrsEyLSz0_WHUrilJ_sy_SZfA1qDUbfJFZB_WoiPTxgjGB3uZ3WyAhrf5VWQV4rw53tDPeqHfBBJXWG0nsRQATRQk2QO6bBX-_J-178D1FG5CCwogModAQodZjhLPyZ?key&#61;iKp5RK3J-l1ymi37BDy8Zg" />A Bold Move in the Crypto WorldThe document, which is being framed as a “Declaration of Independence,” describes the agency as a &#34;hostile adversary, competitor, and superfluous federal regulator.&#34; It criticizes the SEC for its handling of crypto regulation, alleging that the agency operates more for the benefit of its employees and traditional financial entities than for the public it is meant to protect. The statement read,<a href="https://cryptotale.org/messari-declares-independence-from-sec-citing-corruption-and-ineffectiveness/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Messari Declares Independence from SEC, Citing Corruption and Ineffectiveness

CryptoTale

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