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# #🚨 Liquid Staking Compared to Pre-Lehman Risks? Industry Reacts Strongly#
Former SEC Chair Assistant Amanda Fischer recently stirred the pot by publishing an article likening liquid staking in crypto to the “repeated staking” risks that led to the 2008 collapse of Lehman Brothers. Fischer warned that this mechanism could trigger a systemic collapse in the crypto space.
However, the crypto community isn’t buying it.
📢 Matthew Sigel, Head of Digital Asset Research at [platform], called the argument logically inconsistent, while Joe Doll, the platform’s General Counsel, emphasized that regulators should better understand how DeFi actually works before drawing such conclusions.
The debate highlights the growing tension between traditional financial viewpoints and the evolving decentralized finance (DeFi) ecosystem.