A major stablecoin is expected to fall into the US legal dragnet. But I would say no worry as, the big hand of the biggest crypto exchange Boss – is ready to wave the law away. #StableCoin#BiggestCryptoExchange
Rebuilding a stronger and less notorious crypto market, will require strong and unbiased crypto legislation. Allowing the same scamming big men to rebuild, will bring us back to the same mess. #CryptoMarket#CryptoScam
So US arrests Russian owner of the #Bizlato crypto exchange, for processing $700 million illicit funds. Thought that the Binance boss was ahead in the queue, after helping Iranian business men launder billions of dollars. #CryptoExchange#Binance
With so many scams, frauds and hacks related to cryptocurrency – it is interesting how, the authorities have still not decided to label crypto price pumping as an illegal activity. Virtually every crypto exchange and crypto promoter is involved in price manipulation.
Governments that push laws to approve bankruptcy applications easily, should stake their commitment to investors who might have been cheated and mislead intentionally. Crypto big names are quite confident that, they can buy the law.
#Celsius investors should be getting nothing in the form or loss recovery. Crypto investors might want to hold their money in the bank until, the law starts behaving more fairly towards them.
The idea of starting a national crypto exchange is not a bad one – Russia seems to be thinking in this direction. Fine as long as the government does not intervene too much in market mechanisms.
Thai crypto exchange looks to register in Hong Kong in 2024. Interesting to see if #ThaiCrypto exchange #BitKub could put up with strong #HongKongCrypto rules and regulations.
Do not believe any fairy tales about #XRP – the legal case with the #SEC is still ongoing and so far, nothing seems to be going sweet and nice for #Ripple
No doubt that the #FTX explosion was worse than that of #Enron but, remember that crypto laws and those responsible for implementing them are far lazier and probably even a bit corrupt. The big guys will get away.