Amateur kremlinology: "We don't want to send anyone to jail for white collar crimes that were committed in the clear light of day... we're reasonable regulators. But, at the end of the day, we are regulators. You seem to want to play chicken with us. You will regret that."
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tbf crypto people are surprised by gravity and the sun rising
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er, laws and regulations passed by duly elected governments don't apply to them because they come to work on a skateboard and are "disruptors" (disruption is using external financing to buy market share by selling below cost).
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one day a bitcoiner will come up with an argument that isn't whataboutery https://rationalwiki.org/wiki/Whataboutism …
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"We are disturbed..." This is the point where we'd make an appointment with Skadden.
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Going after trading platforms too. NOTE: this commentary is from the chairman of SEC and CFTC . 2 minute warning....pic.twitter.com/mJvY8Tmygi
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So crypto coin prospectuses, crypto coin EDGAR filings, publicly traded crypto coins vs pink sheet penny crypto coins available only to qualified investors?
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Regulations aside, there is a tension between the natural functioning of secondary markets and token ubiquity from a fair dealing point of view. This seems to be a primary dilemma for tokens.
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The SEC about to lower the boom. Attorneys writing dubious opinions on ICO’s security status. Unregistered promoters selling unregistered securities. Companies selling unregistered securities without appropriate exemption(like Reg D)
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