Bitcoins/Litecoins/Virtual Currencies

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Flobee

Flobee

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www.cnbc.com

SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations

Binance and Zhao allegedly undermined the company's own compliance, courted U.S. investors and traded against its customers using market-making companies.
www.cnbc.com www.cnbc.com

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Crypto's that are alleged securities "Includes, but is not limited to" BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, COTI.
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If you holding garbage coins still you may consider how you plan to exit if this sticks. Can your crappy alt afford to register as a security? If it can, how big of a hit will its marketcap take?
 
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reavor

reavor

I'm With HER ♀
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Flobee said:
www.cnbc.com

SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations

Binance and Zhao allegedly undermined the company's own compliance, courted U.S. investors and traded against its customers using market-making companies.
www.cnbc.com www.cnbc.com

View attachment 476665

Crypto's that are alleged securities "Includes, but is not limited to" BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, COTI.
View attachment 476664

If you holding garbage coins still you may consider how you plan to exit if this sticks. Can your crappy alt afford to register as a security? If it can, how big of a hit will its marketcap take?
Click to expand...

Why you looking so smug Coinbase? Here's one for you too!

 
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Jysin

Jysin

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Surely Mama Cathie will back the truck up again and average down.
 
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Flobee

Flobee

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reavor said:
Why you looking so smug Coinbase? Here's one for you too!

Click to expand...

Binance is just a warmup for Coinbase, Gemini, Kraken, etc I presume. Binance is bigger gloablly, but has a much smaller US footprint and as I understand it a lot less US legal representation and lobbying firepower than Coinbase
 
Jysin

Jysin

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09:09 (US) SEC Chair Gensler: Crypto trading platforms should be treated no different from other securities trading platforms - CNBC
- Crypto exchanges are commingling a number of functions
- Platforms offer a web of deceptions, with some individuals trying to evade law
- We don't need more digital currency
- Need full, fair and truthful disclosures from crypto platforms
 
Flobee

Flobee

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Proof of Stake is in the crosshairs. It was incredibly obvious this was coming.

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Flobee

Flobee

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Rumor is that SEC may be going after the VC's that were running pump and dump schemes. Chamath, the All In Podcast dudes and their Solana scam, stuff like that. We'll see if it materializes.
 
Flobee

Flobee

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MSTR is essentially the closest proxy that a public company can get to holding BTC without going through a ton of legal work to hold it directly. Below % changes are from beginning on 2023

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Flobee

Flobee

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ronne said:
Nice way to get normies to buy in to crypto and siphon out a bit more money
Click to expand...
Bitcoin isn't crypto sir. If anything this is an attempt to get 'normies' to buy the Bitcoin for Blackrock, which they can just rug later via 6102 or w/e. Not your keys not your coins
 
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