[The U.S. SEC is actually starting to implement an encrypted version of "Night of the Long Knives"]

Frank Chaparro, director of news at The Block, tweeted that the U.S. Securities and Exchange Commission (SEC) is fighting an absolute battle. Paxos stopped issuing USD after the SEC threatened to sue. I wouldn't be surprised if they were specifically scrutinizing USDC. A few days ago, a senior executive at an exchange told me that the SEC is actually embarking on its own crypto version of the Night of the Long Knives. According to the encyclopedia, the Night of the Long Knives refers to the liquidation operation that took place in Nazi Germany from June 30 to July 2, 1934.