The crypto universe came up on them way too quickly, and they remain off guard, trying in vain to apply 100+ yr old stock regs, to something that clearly is not a stock.
Speaking of stocks, I got ripped off for decades by the scum of wall street, entrenched fat cats, market manipulators, cheats, etc.... Then crypto came along and I woke up in 2017 when BTC took off to 20k. I bought several crypto, and now 100% of my crypto buys (all top ten market cap) are multi X baggers, and I'm in at pennies except for ETH and BTC, those are also multibaggers but not from cents. The entrenched vermin from wall street can't work their magic here in the crypto world, they don't get to sit and watch a limit orders, or a stop loss, for minutes, hours, or days, then decide to go take out the stop losses and let the stock run. NOT GONNA WORK here. By the time they ID their target, the trade is over. Ever see the trade ticker on shib?? I dare anyone to tell me what 10 trades went for.