
Santadontcry
9 posts






It's incredibly frustrating to see the SEC issuing a Wells Notice so close to a change in administration. The last two years have been a rollercoaster of emotions. From the first subpoena, through numerous legal calls, document gathering, and blockchain data analysis, to when we received the Wells Notice. The web3 space leverages innovative technology to provide artists new platforms for sharing their work and building communities. CyberKongz began as a simple PFP project, expanded by an enthusiastic community drawn to the artworks I created. I never imagined this journey would lead to dealing with a regulatory body like the SEC. It became evident through our interactions that their approach lacked genuine interest in truth or practicality. Their agenda seemed predetermined, with little room for deviation. Instead of pursuing the numerous bad actors within this space, the SEC did target those attempting to build something of substance and value. The SEC's war on crypto must end; it has significantly slowed down innovation. We will stand up for a future where creativity and technology can flourish, free from bureaucratic constraints, fostering an environment where innovation thrives. We look to the new administration under Republican leadership to do a 180, to unwind the damage caused by the current administration and truly support the growth and potential of the crypto space. #KongzTogetherStrong

