US Lawmaker Urges SEC to 'Take Decisive Action' to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation
FTX’s “sudden collapse” has been “a dramatic demonstration of both the inherent risks of digital assets and the critical weaknesses in the industry that has grown up around them,” the lawmaker described. It is crucial that we develop a clear understanding of the chain of events and management failures that led to this collapse. I fully support the efforts of U.S. regulators and law enforcement to investigate this situation and make sure those responsible are held accountable.
they should make all crypto illegal
M2222222
Finally they will start to do something
They are still waiting and checking who else to bribe money from.
WOW!.
WOW.!
there are 2 arguments. 1 say, more regulation will bring bigger institutions which will bring more users to web3. The 2nd argument hates regulation and wants us to stay decentralized. Its hard side to choose
Little does he know FTX and Alameda have little to do with crypto, and the SEC has no jurisdiction.
🖕
yeah!.
wow!.
I wouldn't be surprised if GaryGensler was complicit in this whole debacle. Turning a blind eye to actual regulation. Not doing his job. His bosses daughter was SBF_FTX girlfriend. Gtfo here
yeah.!
yeah!.
is that Sam's Uncle?
yeah!.
wow!.
WOW.!
paulo_finest
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ChiefraFba gives the most accurate signals and analysis in my experience