Bankless Nation, it's not every day that some of our own sue the SEC, but that is what's happening today.

Jonathan Mann, otherwise known as Song A Day Man, and previous

podcast guests Brian Frye, are suing the SEC preemptively in order to protect

their livelihood and their passions.

They want to make sure that their ability to produce art

and sell them as cryptographic tokens on ethereal

is a legal thing to do without triggering the ire of Gary Gensler and the

securities law of 1933 because as of now as a result of the SEC lawsuit

and settlement against Stoner Cats the 2021 of the are unregistered securities and therefore legal making the SEC the de facto regulator of digital art

so long as it has a digital token to go along with it. Is the SEC supposed to regulate art? Does it even want that for itself? How did

we end up in a place where artists and their art are colliding with the securities

regulators? What timeline are we even? are colliding with the securities regulators.

What timeline are we even on?

Today on the show, Jonathan Mann and Brian Fry

discuss their lawsuit that they are serving the SEC,

the game theory behind it,

and what its impact will be for our industry

when they eventually bring home the dub.

So let's go ahead and get right into the episode

with Brian and Song and Dayman.

But first, a message from these fantastic sponsors that make the show possible.

If you want a crypto trading experience backed by world-class security and award-winning support teams,

...