May 8, 2024

Lisa Bragança, Bragança Law attorney and former SEC enforcement branch chief, answers five rapid-fire questions from CoinDesk, including insights on Robinhood's Wells Notice from the SEC, what it will take for clearer crypto regulation in the U.S. and her potential career as a bass player!

Video transcript

Describe what a Wells notice is. A Wells notice is an indication from the enforcement division of the SEC of charges that they intend to get approval to file in generally federal court. If Robin Hood fought the SEC in court, do you think that they would win? I would never bet against the SEC in court. I don't think Robin Hood is likely to win in a full on battle with the SEC. What's needed for more crypto regulatory clarity in the United States? We really need Congress to act to provide clarity for crypto. Do you think there's a future for crypto in the U? Si? Don't know if there's a future for crypto in the US. It pains me to say that. Um I, I'm kind of negative on that. If you weren't in your current role as a lawyer, what would you be doing? I would be playing bass in a rock and roll band.

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