Controversial SEC chair Gary Gensler is named in the suit, along with other SEC commissioners. Gensler’s treatment of crypto during his time as chair has made him a punching bag for the industry — and for Republicans such as president-elect Donald Trump.

Eighteen Republican attorneys general sued the Securities and Exchange Commission (SEC) and Chair Gary Gensler on Thursday for allegedly overstepping the agency’s authority in its enforcement

The plaintiffs include 18 state attorneys general as well the DeFi Education Fund, a digital asset advocacy organization. The complaint names not only the SEC but also its five commissioners as defendants.