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I think as long as anybody promoting a meme coin uses an appropriate disclaimer, it's probably a reasonable decision. The problem is going to be that nobody is
by empath75 2y ago
I think as long as anybody promoting a meme coin uses an appropriate disclaimer, it's probably a reasonable decision. The problem is going to be that nobody is going to enforce people making fraudulent claims about meme coins because they're gutting the SEC.
The interesting thing about corruption and frauds like this is that when people get conned and lose everything, they don't get angry at the person that stole from them, they get angry about the people that called out the fraud or enforced regulations meant to protect them from losing more money.