Just saw that the CFTC Chair brought on Michael Passalacqua as a Senior Advisor - this guy's got serious crypto law experience from Simpson Thacher & Bartlett and previously handled regulatory stuff at a crypto capital markets company. Pretty interesting move honestly, feels like the regulator is getting more serious about understanding the space from someone who actually knows the litigation side of things. Michael Passalacqua's background makes sense for this role given all the ongoing crypto cases. Wonder if this signals a shift in how they'll approach enforcement or if it's just better preparation for what's coming next.

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