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>Every crypto bro... >You do NOT get to turn around now and get bailed out by my tax dollars. Quite a useless generalization. Self custodied decentralized com
by ashwagary 4y ago
>Every crypto bro...
>You do NOT get to turn around now and get bailed out by my tax dollars.
Quite a useless generalization. Self custodied decentralized commodities like bitcoin and centralized corporate created/run crypto securities are vastly different as far as required government involvement is concerned.
The SEC should be more forthcoming in providing clarity to institutions creating securities and centralized services instead of playing a weird gotcha game while maintaining a high level of opaqueness.
Any business committing fraud, violating securities or custody laws in the US should get penalized and the clients have the right to claw back remaining funds regardless of their personal economic views.