SEC Commissioner Hester Peirce stated in a February 11, 2025 interview that many memecoins are not within the SEC’s regulatory purview.

Event date

Feb 11, 2025 - 12:00am

Quotes that support claims

SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency’s jurisdiction as investors lose $2 billion from the token’s decline

The U.S. Securities and Exchange Commission (SEC) likely doesn’t have jurisdiction over many of the memecoins flooding the crypto market, SEC Commissioner Hester Peirce said in a Tuesday interview with Bloomberg