Former American Securities and Exchange Commission (SEC) personnel leader Amanda Fischer released a warning that the use of Liquid Crypto could activate the collapse into Lehman style. This statement has focused attention from the crypto industry and has also activated fear and debate on how the US regulating strike tokens.
Ex-SEC Chief is confronted with a recoil on the comparison of Lehman Brothers
Fischer attracted sharp criticism after making a statement about X, in which liquid deployment mechanisms were compared with the practices that contributed to the collapse of Lehman Brothers 2008. The SEC has clarified on Tuesday that it does not consider most activities for the use of liquid and therefore outside his jurisdiction.
Fischer then criticized the office’s position and said that it legitimizes a system in which crypto activa are repeatedly deported and restored with minimal transparency and accountability. Prominent crypto figures have noticed the contradictions in her statement and criticized her.
Crypto -Industry criticizes Fischer’s misleading statements
Joe Doll, General Counsel at Magic Eden, also closed Fischer and called her statement ‘incredibly misleading’. The “shows a misunderstanding of the basic technological characteristics that underlie the use of liquids (stupid/poorly prepared), or deliberate Mischaples (malignant),” He wrote on x.
“First you say that the sec crypto blesses. Then you say that crypto does not have a sec supervision. What is it? You speak to yourself in the middle of Rant,” Matthew Sigel, head of digital asset research at Vaneck, wrote on x.
Mert Mumtaz, CEO of Solana Infrastructure Firm Helius Labs, stated“Comparing transparent, decentralized systems that are controlled by auditable code with opaque, shady -rich ones that are maintained by crooks and saying that the first is worse is insane work.”
“You have no idea how LST’s actually work or intentionally get stump,” he added.
Fischer pulls voltage in the crypto space
Although the statements of Fischer criticize broadly, it also caused fear and tension among crypto investors. It emphasized the continuous challenges of balancing innovation with supervision as the crypto sector quickly evolves. Investors now suspect that minimizing risks in the decentralized ecosystem can suppress innovation.