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April 28, 2024

28 thoughts on “CRYPTO DANGER | This Needs to Stop

  1. Can the SEC members provide information on what crypto dealings they have done in the past, or intend to do in the future, to ensure no conflicts of interest occur, and if not, why not?

  2. The SEC is generalizing the old security laws to mean anything that gives you an expectation of profit from a 3rd party, whether it be a company or a blockchain. They've perverted the definition of a security!

  3. The SEC is here for one thing. To insure those on top stay on top and the rest stay on the bottom.

    Coinbase doesn't need to protect investors, investors need to protect investors.

  4. Better question is the US government corrupt. They don't care about retail investors. They care about money and power. I'd prefer to just use decentralized exchanges

  5. Tricky question towards a not-so-educated personal perspective on the matter. I feel as though cryptos with certain utility aspects to be non securities(Currency Formats). And on the topic of the "Insider trading scheme", as I listened to the talk about that mess, the Nancy Pelosi debacle comes to mind(Her in the private meetings, and the husband making great trades from such topics).

  6. After years of power struggle between departments, the investors they claim to "protect" are getting hurt by scams and hacks and no department wants to help them until they win jurisdiction.

  7. I feel like crypto IS a security. It's new, there's little, to no regulation and people seem to like that. I believe if it becomes known to be a security, the price of crypto would increase exponentially. The downside is that it would halt future cryptos from being created most likely as they would have to be registered

  8. Regulation could be a good thing. Doubt it will be fair for all tokens. If ETH isn’t a security then BNB shouldn’t either, but the SEC doesn’t like Binance.

  9. Hmmm…statement from minute 3:00 doesn't seem to apply to Senate members. And they want us to trust them and do what they say. Governments these days are delusional.

  10. They didn't just use a shell company incorporated in Panama like any good politician would have? I mean, hypothetically.

  11. Boy I can’t blame these people
    But they should have paid tons of people down the lines your brother and your brothers cousin burner phones and different states to make transactions or accept them etc this could have worked but never mind making a joke coin and rug pulling

  12. So in my opinion (what little that means) it all does come down to control and power. The SEC wants to eliminate the potential for crypto retail investors to have control and power over their money. They want to maintain the status quo and keep power and control for themselves.

  13. OLD NEWS.
    Over 4 weeks old now.
    whats your angle pal ? some pocket money from YouTube ads ?

    ex Coinbase emloyes did try it. now they will be charged.

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