Former SEC Official Warns Liquid Staking Could Be the Next Lehman Brothers
Amanda Fischer, former chief of staff at the SEC under Gary Gensler, has expressed concerns that liquid staking resembles the practices that led to the 2008 financial crisis. Her stance has drawn criticism from the cryptocurrency industry. The SEC’s latest crypto giveaway is to bless the same type of rehypothecation that cratered Lehman Brothers — […]