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If voting changed anything, they'd make it illegal. https://coinpedia.org/crypto-live-news/ftx-ceo-in-connection-with-sec-chair-gary-gensler/ https://coinpedia
by jpadkins 4y ago
If voting changed anything, they'd make it illegal.
https://coinpedia.org/crypto-live-news/ftx-ceo-in-connection-with-sec-chair-gary-gensler/ https://coinpedia.org/crypto-live-news/ftx-ceo-in-connection...
https://www.foxbusiness.com/markets/sec-chairman-gary-gensler-met-with-head-ftx-months-before-collapse https://www.foxbusiness.com/markets/sec-chairman-gary-gensle...
https://twitter.com/bof_tob/status/1592247076100112385/photo/1 https://twitter.com/bof_tob/status/1592247076100112385/photo...
https://twitter.com/jchervinsky/status/1592173682687938560 https://twitter.com/jchervinsky/status/1592173682687938560
https://twitter.com/SenLummis/status/1592212987259281408 https://twitter.com/SenLummis/status/1592212987259281408
This is speculation, but this is starting to fit the classic playbook of:
1) Create / seize a crisis
2) Have new regulation already ready to "address" crisis (using voter outrage to pass under rushed conditions)
3) Incrementally increase regulatory control (regulatory capture)
4) profit / increase power concentration
In this case, it's clear they are trying to establish CFTC control of eth & btc.