What are crypto firms doing to avoid the SEC shakedown?

SEC is playing rope a dope with Coinbase – They're gonna bleed them dry until they go to Bermuda.

Coinbase has put fully more than 10% of the “known” lobbying amount of 26$ million for 2022.

Is it better that Coinbase goes abroad or should the government try to keep it in the US?

Could end up with another FTX situation.

Crypto firms are so desperate that they've put as much money into lobbying in 2022 as the preceding 6 years:

https://www.disruptionbanking.com/2023/04/28/who-are-the-lobbyists-crypto-firms-are-hiring-to-head-off-the-sec-shakedown/