SEC Jurisdiction and Perceived Crypto-Asset Regulatory Gap: An FTX Case Study

The FTX event is used as a case study in this report to demonstrate the Securities and Exchange commission’s (SEC’s) regulatory jurisdiction, how it applies to crypto-assets, and perceived flaws in the current regulatory framework’s application. Some members of Congress have proposed redesigning SEC and CFTC jurisdiction, and Congress will almost certainly continue to propose changes and investigate alternatives.