Top crypto tweets of the day – August 30th

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• Gary Gensler’s silly quest: Seeking allies in unlikely places

  TL;DR Breakdown Gary Gensler’s leadership at the SEC has been notably aggressive towards the digital asset industry. Initially targeting smaller entities, the SEC under Gensler has shifted focus to larger players in the crypto realm. U.S. courts are beginning to challenge and overrule the SEC’s overreaches in several key decisions. Description If you ever find yourself longing for a bit of light-hearted folly, look no further than Gary Gensler’s frenzied quest to tame the expansive seas of the digital asset industry. His role at the helm of the Securities and Exchange Commission (SEC) has been rife with relentless pursuits, perhaps too ambitious for his own good. … Read more If you ever find yourself longing for a bit of light-hearted folly, look no further than Gary Gensler’s frenzied quest to tame the expansive seas of the digital asset industry. His role at the helm of the Securities and Exchange Commission (SEC) has been rife with relentless pursuits, perhaps too ambitious for his own good. Gensler Riding the Wave of Power Under Gensler’s watch, the SEC emerged with a vengeance, drenching…

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• Community-Led Developments Propel Terra Luna Classic’s Tokens Amid Price Surges

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• Consensys releases new tool for enhanced smart contract security

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• Former FTX CEO exposes prosecutors’ failure to produce key evidence in fraud trial

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