throwaway87274

3 ms·

1. 1.▲
   by throwaway87274 4y ago

   Binance has been doing better than Coinbase by a large margin, fwiw. Their US presence is probably not as strong as Coinbase, but by and large they are the #1 worldwide exchange. US regulations are not necessary and really are just a pain i
2. 2.▲
   by throwaway87274 4y ago

   But yeah, SBF was very much a proponent of increased regulations and worked closely with US politicians and the SEC. They were "legit" to public view, but behind the scenes was unprecedented financial incompetence and fraud. And t
3. 3.▲
   by throwaway87274 4y ago

   Yeah, they were technically a Bahamas entity and fall under the jurisdiction of that country, technically, but likely under US jurisdiction as well in order to operate in the country. There's a whole really confusing business entity di
4. 4.▲
   by throwaway87274 4y ago

   KYC and "regulations" didn't do shit to prevent a fraud from laundering customer funds between business entities to gamble and try to save his failed hedge fund. That crime was pretty much crypto only in the sense it involved