Since the SEC did not present a good picture in the FTX affair, the American authority now pursues a contrary policy and sanctions all companies which, although there is no proper set of rules in the USA, do not adhere to the securities law in their statements.
This all-round attack is presumably intended to divert attention from the SEC’s own misconduct, which has clearly brought it under criticism. True to the motto: “Internal problems are solved by external enemies.” Whether the course of the SEC will have long-term success may be doubted. It strengthens the location EU / Europe on the contrary clearly!