How large is the power of SEC and the US Regulators?

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How large is the power of SEC and the US Regulators?

The SEC recently ambushed Sushiswap, Justin Sun, and Coinbase

Sushi got subpoenaed

Justin Sun charged

Coinbase receives wells notice

No doubt, Ethereum is already decentralised enough. But does the US have the power to shut down upgradable dapps built on Ethereum? Does the US have the power to shut dow centralised sequencer of L2s?

To be clear I’m talking about dapps and L2s built by developers outside the US

submitted by /u/banaanigasuki
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