Three House Democrats are pressing the SEC over its crypto enforcement retreat, demanding answers on why cases against Justin Sun, Binance, Coinbase & Kraken have been dropped or paused. They say the timing and political donations point to an "unmistakable pay-to-play scheme." "Given the industry's history of investor-harm and the clear mandate of the securities laws to protect market participants, this turn raises troubling questions about the SEC's priorities and effectiveness," said House Representatives Maxine Waters, Sean Casten, and Brad Sherman in a Thursday letter. full story 👇