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Singapore’s economy expanded faster than expected in the first quarter of 2026, driven by strong manufacturing output, AI-related demand, and growth in the finance sector. According to the Ministry of

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Grab Your Share of the 300 USDT Prize Pool!HTX Creation Challenge — Post and Win 1,500U 💥HTX Pizza Day Celebration: $200,000 Up for Grabs Michael Burry warned this week that the U.S. may be heading to

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Michael Burry warned this week that the U.S. may be heading toward a “Snow Crash cyber-punk future” as the U.S. Securities and Exchange Commission (SEC) prepares rules that would let crypto platforms trade tokenized versions of traditional stocks.

Key Takeaways:

Michael Burry cited Neal Stephenson’s 1992 novel Snow Crash in a May 19 Substack warning about SEC tokenized stock plans.

The SEC under the Trump administration proposed an innovation exemption for crypto firms, but delayed the plan on May 22, 2026.

Burry’s warning signals growing investor concern that tokenized equities could expose markets to 24/7 volatility and manipulation risks.


Writing on his Substack channel “Cassandra Unchained” and mirroring the post on X, the Big Short investor Michael Burry pointed to Neal Stephenson’s 1992 novel Snow Crash to frame his concern. The dystopian story depicts a fragmented America where corporations replace governments, citizens retreat into virtual reality, and human relationships erode under the weight of digital identity and economic sorting.

Burry tied that vision directly to recent news that the SEC, under the Trump administration, was developing a broad innovation exemption allowing crypto firms to list tokenized versions of U.S. stocks.

“We may be headed full-on to a Snow Crash cyber-punk future with no long-term personal relationships and digital value embedded in all of us directly correlated to the value provided to a society that increasingly devalues humanity,” Burry wrote.

He added a follow-up in the comments section:

“Regulators have one job. Do not open scary doors.”

Bloomberg reported on May 18 that the SEC plan would create a lighter regulatory path for blockchain-based representations of public company shares. Under the proposal, crypto firms could potentially trade tokenized stock without the und

Big Short's Michael Burry Warns SEC Tokenized Stoc

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genius currently trades at 0.7061 USDT, up 20.19% in 24h, according to HTX market data.

zest soared to 0.180732 USDT, a new high with a 24-hour increase of 9.68%. It currently trades at 0.180313 USDT on HTX.

zest currently trades at 0.183708 USDT, up 20.27% in 24h, according to HTX market data.

bill currently trades at 0.10894 USDT, up 15.61% in 24h, according to HTX market data.

zest currently trades at 0.17347 USDT, up 11.29% in 24h, according to HTX market data.

bill soared to 0.109703 USDT, a new high with a 24-hour increase of 15.61%. It currently trades at 0.10894 USDT on HTX.

genius soared to 0.8271 USDT, a new high with a 24-hour increase of 7.63%. It currently trades at 0.7125 USDT on HTX.

genius currently trades at 0.7252 USDT, up 10.72% in 24h, according to HTX market data.

bill currently trades at 0.116971 USDT, up 21.90% in 24h, according to HTX market data.

zest soared to 0.186237 USDT, a new high with a 24-hour increase of 14.78%. It currently trades at 0.180202 USDT on HTX.

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