Lejilex and the Crypto Freedom Alliance of Texas have sued the SEC for illegally targeting the digital asset industry.

Lejilex and the Crypto Freedom Alliance of Texas, a cryptocurrency non-profit group, have teamed up to file a complaint against the SEC’s actions against actors in the U.S. digital asset industry. The complaint alleges that the SEC has no regulatory authority over cryptocurrency companies and has usurped functions not granted to it by (…).