Bain Capital executive: Most crypto projects don’t have the resources
Fighting the SEC, the law remains very confusing
Golden Finance Report, Bain Capital Crypto
Tuongvy Le, Business Partner and Head of Regulatory at
Permissionless conference says companies like Ripple are better equipped to fight regulators, most crypto projects
(like the Stoner Cats) do not have the resources to file a lawsuit in court with the Securities and Exchange Commission (SEC). So the end result is that the law remains very confusing.
Le believes that U.S. regulators are taking enforcement actions to create "pseudo-theories" where the law is lacking, and she hopes U.S. policymakers will reassess their stance in the face of the Ripple incident.