As the crypto industry struggles in the wake of FTX, BlockFi and Celsius’ collapse, the question of how the SEC will react is unanswered. Here’s what past investigations tell us about how the SEC sees cryptocurrency and may regulate it moving forward.
Illustration: Ali Larkin
#Crypto #SEC #WSJ
THE PEOPLE TALKING ARE THE SAME ONES WHO TOK MONEY IN 2008 CRISIS SAME PEOPLE SAME SYSTEM. THESE PEOPLE ARE CRIMINALS AND NEED TO STAY OUT OF OUR CRYPTO. THESE PEOPLE ARE CRIMINALS LIKE GARY. BIDEN UKRAINE ECT. THE USD SYSTEM AND BANKS ARE THE MOST CURRUPT SYSTEM ON THE PLANET
GARY DIDNT DO ITS JOB. HE NEEDS TO GO AND FACE JAIL. BC THERE IS MORE TO WHAT THIS IS. THESE PEOPLE ARE CRIMINALS EVEN KIM KARDASHION. A MILLION DOLORS BIG DEAL. THEY KNEW. THESE PEOPLE TELLING U ABOUT CRYPTO ARE CRIMINALS
Why hasn't SBF been arrested yet?
when these women say regulation they mean control. the reason this all failed is bc you cant do what the banks do. it worked. meaning the fruad couldnt go on . btc did its job. the prob is u got peple trin to do what the banks do. .. u cant let a slave system take control of a trustles and permissionless system. what the bansk want to do is get control bc they know they cant do fruad with crypto. btc did its job by making sure eventually all this would fail. that is just telling u btc and the philosofy of crypto alone worked. but the banks want to regulate not to make u ssafe its to crush it and go back to the world slave system as usual. gota wake up
I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making well over $3.5M within a short period of time investing in Cryptocurrency.
Considering the crypto market is nothing but a giant ponzi scheme, It will be interesting.
All major 'cryptos' except bitcoin are clearly securities. Bitcoin only in cold storage is the way to go imo.
What is the point of crypto if there is regulations?
The SEC doesn't know what to do with crypto currencies. They are just a pay to play government program.
Hey WSJ. Typo at 2:56: “IVESTED”.
Better late than never. They waited until the entire crypto space shed 70% of its value before going after them. People are gonna resist this but in the end this space was rife with people openly doing things that in any other financial space would’ve seen them imprisoned. If you’re honest and transparent about what you’re doing I don’t think you need to worry, but crypto has pulled in so many bad actors riding off the enthusiasm and financial illiteracy of its community that the space as a whole is gonna hate this.
Crypto has no usecase except to send funds from one person to another. Nothing to get excited about until you hear many crypto-bros have lost tons of money
Making money is an action.keeping money is a behaviour, but "Growing money is wisdom" I figured this out a week ago. 💯
Funny how this is all happening while the government wants to make a digital currency of their own… 🕵🏽
This is why they artificially bankrupted FTX and started killing those other Crypto CEOs
The hold financial system is afraid of crypto currency! That’s my two cents..
Remember: conversations in the replies about "How I made a bunch of money and it's thank you Mr. So and so" are all scams. Don't message those people. They are lying.
regulation will have more bugs and loop holes that crypto currency
Disband the SEC, otherwise the Crypto Industry shall be unregulated forever!
I would just ban it outright