Paradigm: The SEC exceeded its jurisdiction in the Bittrex case, and the case should be dismissed

ChainCatcher news, Paradigm has submitted an amicus brief in the case against the exchange Bittrex at the U.S. Securities and Exchange Commission (SEC), claiming that the regulator has exceeded its statutory authority and arguing that the case should be dismissed because the SEC has "erroneously" attempted to oversee the crypto secondary market, adding that this practice represents an improper extension of the Howey test. (source link)