Meh, it would be barbara streisand all over again.
I know there is more centralized stake than they let on, at one time stinc had 80% of the coins, an audit would just help the rest of us.
The sec won't be able to shut down the tech, unless we let them.
Thats kind of why I think hive might be a good example for the SEC, everyone here has generaly good intentions so any bad actors would probably be sorted quickly.
You do realize the sec is corrupt af and not here to maintain law and order any further than what it takes to keep themselves and their cronies above the law and the folks 'peaceful' in the street?
If you have faith in gov't, you haven't looked at history.
Gov't killed 200+ million of their own 'citizens' last century.
I actually said the same thing in the zcash community forum and rage quit a debate, i understand exactly what you mean.
https://forum.zcashcommunity.com/t/fatf-possible-death-of-privacy-coins/33601/34?u=phusionphil