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Then why is it the CFTC going after Binance and not the SEC?

• JumpCrisscross 4y ago
  > people claim NASA is some kind of cash-cow that drags its feet to get more money Weaker by comparison, not weak per se.
• yieldcrv 4y ago
  because Binance is violating the CEA and the crypto space could use services that are not violating the CEA
  • from 4y ago
    What do you think are the odds this goes beyond fines? I get the feeling other agencies are gonna pile on and then there will be a huge global settlement to resolve all the cases but the Hamas stuff and the fact that they weren’t even checking OFAC list or countries makes me think there’s a sealed indictment with at least the compliance officer and probably CZs name on it too.
    • yieldcrv 4y ago
      There will probably be criminal indictments. But those too will be settled with fines and constructively financed and non-prison sentencing. For context, look at Arthur Hayes with Bitmex. That got very dicey and was way smaller than Binance, big but smaller.