The Digital Chamber announced its filing of an amicus brief in the case of LEJILEX;CRYPTO FREEDOM ALLIANCE OF TEXAS V. SEC in support of the plaintiff's complaint of overreach by the United States Securities and Exchange Commission (SEC). The announcement came in a July 11th blog post.

LEJILEX has filed for judicial relief from registering with the SEC as a securities exchange, broker, or clearing agency on the basis of not having clear regulations from the SEC on registering a digital platform like Legit.Exchange, which they plan to launch soon. The SEC has warned that if Legit.Exchange is launched without registering, they will pursure enforcement actions against LEJILEX. 

The Digital Chamber has filed in support of LEJILEX, claiming that the SEC has failed to enact clear and just regulations for the crypto industry, and have also failed to keep clear communication about expectations with companies working in the industry. 

Perianne Boring, CEO of the Digital Chamber, stated her convictions clearly: "By submitting this motion, we are taking a stand before the SEC’s anticipated overreach occurs. Our goal is to ensure that the SEC does not unlawfully expand its regulatory authority over the entire digital asset industry."

According to Professor J.W. Verret, George Mason University Associate Law Professor and former SEC Investor Advisory Committee member, the overturning of Chevron Deference by the Supreme Court could change SEC regulations on cryptocurrency. Verret believes it will strengthen the case that crypto organizations have against the SEC.

The Digital Chamber is an organization that promotes the acceptance and use of digital assets and blockchain-based technologies through education and advocacy. According to The Digital Chamber’s About page, the organization aims to develop an environment that fosters innovation, jobs, and investment.