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This comment is just as dumb as someone which would accuse tradfi of being 99.9% scam because they fell for Bernie Madoff. Complicit is however the lobbied sen

This comment is just as dumb as someone which would accuse tradfi of being 99.9% scam because they fell for Bernie Madoff. Complicit is however the lobbied senate giving sbf a platform, but even worse is the SEC / Gensler, borderline criminal, definitely negligent and incompetent.

lordfrito 4y ago
I would love to know who in power knew what, and who looked the other way. It reeks of corruption. Rep Tom Emmer was one of the original "Blockchain 8" who asked the SEC to back off of asking tough questions in the crypto space. [1] Of note, 5 of them received direct campaign donations from FTX. Now Emmer recently is on the record saying the FTX debacle isn't really FTX's fault, it's the SECs fault for letting this happen. [2] In his own words here. [3] You can't make this stuff up. [1] https://prospect.org/power/congressmembers-tried-to-stop-secs-inquiry-into-ftx/ https://prospect.org/power/congressmembers-tried-to-stop-sec... [2] https://www.theatlantic.com/ideas/archive/2022/12/ftx-crypto-currency-sam-bankman-fried-regulators/672351/ https://www.theatlantic.com/ideas/archive/2022/12/ftx-crypto... [3] https://twitter.com/RepTomEmmer/status/1504117902080942084 https://twitter.com/RepTomEmmer/status/1504117902080942084