On September 18th, top Republican lawmakers in the U.S. House of Representatives expressed their desire for clarity on how the Securities and Exchange Commission (SEC) views airdrops in the crypto industry.

In a letter addressed to SEC Chair Gary Gensler on Tuesday, House Financial Services Committee Chairman Patrick McHenry (R-NC) and House Majority Whip Tom Emmer (R-MN) accused the SEC of "putting its thumb on the scale."

"By creating a hostile regulatory environment, including pronouncements on airdrops in various cases and increasing warnings of further enforcement actions, the SEC is 'putting its thumb on the scale' and preventing American citizens from shaping the next iteration of the internet," they wrote. (The Block)