Is cryptocurrency under siege?

Yesterday, the SEC has supoenaed Riot Blockchain and shares have taken over a 7% dive already this morning. It isn’t clear yet what in particular the securities regulator did not like in Riot’s recent 10-k filing, but CEO John O’Rourke seems confident that their present woes have broader implications for the industry itself, and other crypto brands having to devote more resources to defend themselves from an SEC supoena is likely.

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