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hese issues with crypto companies and projects were long before Chevron was overturned so they can't say well we were basing on courts deciding.
If the SEC or anyone brings a case now it will fall under the current judicial understanding? Its like if you went to jail for even the smallest amount of pot and were sent to jail for 20 years and then the next month they overturned the ban on pot you still committed the crime.
The courts don't go back and say well you did this years ago and we though X was the standard so X applies its whatever the current understanding is. This is why I say it is a huge hole because I mean it is Chevron has now changed how these types of things will be brought before the courts.
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Agreed but the overturning of Chevron, while it might serve crypto interests well, doesn't justify their behaviour and not following the law for the past decade.
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