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> Why does this matter? Because the parent said "that many Americans lost money over". Plus the SEC is "protecting investors". So I'm asking, what if there are
by andreygrehov 3y ago
> Why does this matter?
Because the parent said "that many Americans lost money over". Plus the SEC is "protecting investors". So I'm asking, what if there are more people who've made money over those who lost? Does that mean life's good? Coinbase has been pretty transparent about their operations. Not only transparent, they've publicly mentioned several times how frustrated they are dealing with SEC, the organization that is slow to come up with various legal requirements for the cryptocurrency industry. In a way, Coinbase helps the SEC to raise their own bar.
- itake 3y agoWould the SEC be protecting investors if they allow 1 investor to get scammed to the benefit of 2+ investors? We need systems in place where everyone can make trustworthy investments. If people can't feel safe (even if it's one person or many people), then our economy will slow down (see current crypto prices post-terra, ftx, and more).
- deleted 3y ago[deleted]