Btw, this is pretty good synopsis. Written with lots of deep understanding.: https://10xts.com/why-we-built-our-own-blockchain-network-instead-of-using-a-public-infrastructure-like-ethereum/ . More specifically.: <<The SEC is bad, but they’re all up on the civil side.
FinCEN is CRIMINAL.
They have guns.
They will kick down your door and shoot your dog.
Big, huge, hairy problems across the entire ecosystem such that I expect the regulatory scourge to deepen over time. Remember kids, the thing about immutability of the blockchain is that everything is there for eventual retroactive enforcement.>>