The SEC is literally playing a wait and see game in crypto without setting a concrete path for regulation.
FTX downfall gave them the ammo to do this, but due to lack of clear direction most crypto businesses and investors will jump ship and move over to crypto friendlyโฆ
FTX downfall gave them the ammo to do this, but due to lack of clear direction most crypto businesses and investors will jump ship and move over to crypto friendlyโฆ
Hereโs a previous thread on the FTX collapse due to SECโs inaction
Senator Warren sending questions and suggested answers to Gary Gensler has gotta be the heights of politicians acting for gaining points.
CRYPTO REGULATORS HELPING THEIR COMPETITORS LIKE BANKS WHICH IN TURN SPONSOR THESE CLUELESS POLITICIANS
CRYPTO REGULATORS HELPING THEIR COMPETITORS LIKE BANKS WHICH IN TURN SPONSOR THESE CLUELESS POLITICIANS
Stanford โ the same school where SBF dad works atโฆ how shocking
Gary Gensler is protecting retail investors like so
Someone spent $280k on an ordinal inscribed with a wet fart ๐จ sound
Thereโs still excess in cryptoโฆ send it all crashing down
Thereโs still excess in cryptoโฆ send it all crashing down
If SEC doesnโt understand something itโs a Securityโฆ a good rule of thumb
At this stage SEC has to be a joke. None of its actions seem to be helping any crypto investors. All itโs doing is beating a dead horse to gain points.
@SBF_FTX illegal political contributions
Itโs clear who the SEC protects well
FTX confirms $8.9 billion in customer funds are missing.
Now silvergate
Hey @SBF_FTX you look great on the toilet paper at #ETHDenver2023
Hey @invest_answers do you feel bad for praising @SBF_FTX here like heโs the new JP Morgan or something ๐
Gary Gensler isnโt a crypto investors friend. Heโs the Wall Streets friend.
FTX's Nishad Singh has forfeited a $3.7 million vacation home to the US government. The mansion was bought weeks before FTX's collapse.
The SEC and the establishment is sending a wrong signal here ๐
Avoiding US banks and institutions seems to have worked all along. USDT might have been the safest in protecting the average investor.
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