“They came back to us, and they said . . . we believe every asset other than bitcoin is a security,” Armstrong said according to the FT. “And, we said, well how are you coming to that conclusion, because that’s not our interpretation of the law. And they said, we’re not going to explain it to you, you need to delist every asset other than bitcoin.”
Yeah in my books, "Mansplaining" has never had proper meaning. It was just a way of blaming men for a particular behaviour, which is generally neutral to begin with.