July 10, 2026

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Lawyer: Phase Two of SEC’s Enforcement is Slow, Painful Grind For Crypto

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Lawyer: Phase Two of SEC’s Enforcement is Slow, Painful Grind For Crypto

According to Kobre & Kim government enforcement defense and securities litigation attorney Jake Chervinsky, the second phase of the US Securities and Exchange Commission (SEC)’s enforcement on crypto is a painful and slow grind for the sector. Earlier this week, the US SEC cracked down on Paragon and AirFox, two initial coin offering (ICO) projects

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