Messari to Declare Independence from SEC
In the coming months, Messari plans to take decisive action against the SEC, characterizing it as «illegitimate and corrupt.» Founder and CEO Ryan Selkis announced the launch of an ambitious project — Messari’s «declaration of independence» from the SEC. The document will be sent to the SEC and the U.S. Congress for official review.
The Reasoning Behind the Decision
Selkis doubts the legitimacy of the SEC’s actions, especially in regulating the digital asset market. He criticized the Commission’s chairman, Gary Gensler, as «corrupt, counterproductive, and helpless,» accusing him of serving personal interests rather than the public’s. Therefore, Messari is suspending cooperation with the SEC until reforms are made.
Messari’s Alternative Strategy
Messari aims to provide high-quality information services to the cryptocurrency market without using taxpayer funds. They believe the private sector can outperform the government in this area. Their strategy involves actively informing the public and investors through legal channels, Congress, and the media about the SEC’s shortcomings.
Conclusion
Messari is prepared to confront opponents of cryptocurrencies, including Senator Elizabeth Warren, in their fight against «political aristocracy.» Despite skepticism about the industry’s future in the U.S., Messari remains committed to making significant changes and challenging the status quo.
