[colinmhayes]

Crypto is the wild west. They've worked very hard to ensure DeFi isn't categorized as a security so the SEC has no jurisdiction.

[toomuchtodo]

That is not an accurate representation of the legal obligations of jurisdiction participants.

https://www.sec.gov/spotlight/cybersecurity-enforcement-acti...

https://www.justice.gov/opa/pr/attorney-general-william-p-ba...

https://www.justice.gov/opa/pr/deputy-attorney-general-lisa-...