'You will have a painful fall': SEC's Peirce warns crypto vault builders against twisting securities law

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US SEC Commissioner Hester Peirce issued a stern warning to crypto vault developers, stating they will face a painful crash if they bypass securities laws. This remark indicates that regulators are tightening their surveillance on DeFi and virtual asset structures. Investors must urgently review their portfolios for compliance in preparation for upcoming regulatory risks.

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