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There are politicians and media publications protecting Sam Bankman-Fried's criminality, but these congressmen aren't among them. The letter in this article wa
by spir 4y ago
There are politicians and media publications protecting Sam Bankman-Fried's criminality, but these congressmen aren't among them.
The letter in this article was written in March. FTX's long-term fraud has only been known since early November.
- Dylan16807 4y agoYou don't have to know about specific bad actions to shield the entity that is doing them.
- themitigating 4y agoTrue but it changes the amount of guilt right? Maybe they were just helping companies donating to then, the letter is about cryptocurrenty in general.
- JamesianP 4y agoBut if you fight against overzealous enforcement you will necessarily be shielding some bad actors along with the good. Not that I'm personally against the SEC (and other agencies) crossing into crypto and interpreting their mandate broadly, rather than being overly conservative and waiting for new laws while the scammers run wild. But in other areas these paperwork demands could be a huge burden...