DEF published a Coalition Letter on March 26, 2025, co-signed by Paradigm, A16z, Coinbase, and dozens of other crypto-focused companies, addressed to members of Congress, which kindly requests their support obtaining Congressional clarity on Section 1960. Why? In our collective view, a regulation by criminal indictment approach from the Department of Justice (DOJ) is inconsistent with precedent, and applies an overly expansive interpretation of the criminal code provision regarding operating an
