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Fortune
Fortune
Lucy Brewster

Pantera founder Dan Morehead thinks SEC suits against Binance and Coinbase could lead to regulations in event ‘nobody is expecting’

Dan Morehead, founder and managing partner of Pantera Capital (Credit: Jeenah Moon—Bloomberg via Getty Images)

Regulators have been trying to figure out how to oversee crypto trading for as long as the assets have existed, yet even after the collapse of several prominent firms, including FTX, no clear framework exists.

But two recent lawsuits against prominent crypto institutions could finally prove the tipping point, according to Dan Morehead, founder and managing partner of the crypto hedge fund Pantera Capital.

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