In a recent series of tweets, crypto insider Steven Nerayoff, inventor of the utility token and ICO at Ethereum in 2014-2015, lambasted the SEC, alleging that it operates as a tactical unit of the establishment. “SEC is a tactical unit of the establishment. Courts are an effective weapon as time alone often defeats the target entity and freezes the market,” he tweeted. He goes on to claim that the real goal of this “war” is not against crypto itself but rather that “crypto is the prize.”

Crypto Insider Unveils Vendetta Against SEC

Upon his vocal return to X (formerly Twitter) in mid-September, Nerayoff sparked a vendetta against the SEC with a range of assertions. He questioned the legitimacy of “agency created law” and hinted at possible corruption, suggesting that certain individuals …