Sad. Of course they're saying that. Crypto has bought the whole government.
As someone who has worked in the crypto industry, it's insane that they're allowed to continue to do this. It's all scams, rug pulls, unregistered securities, insider trading, etc.
if there isn't, it's probably because collectibles don't have the ergonomics for bribery that meme coins do. so i'd don't see why precedent is needed here - just because meme coins are deemed collectibles doesn't change how they work. just how they're regulated.
As someone who has worked in the crypto industry, it's insane that they're allowed to continue to do this. It's all scams, rug pulls, unregistered securities, insider trading, etc.