SEC subpoenas 75+ ICOs
7 years ago in #sec by keiserreport (66)
$31.09
- Past Payouts $31.09
- - Author $24.43
- - Curators $6.66
85 votes
- helikopterben: $10.70
- pfunk: $5.96
- chryspano: $4.01
- herzmeister: $2.47
- juanlibertad: $2.31
- sauna: $0.81
- nichoros: $0.68
- michiel: $0.56
- herpetologyguy: $0.35
- jasonstaggers: $0.28
- olyup: $0.23
- sinushacker: $0.21
- jawilder: $0.21
- mark-waser: $0.14
- warofcraft: $0.14
- dkmathstats: $0.12
- cryptoshack: $0.11
- dajohns1420: $0.11
- ullikume: $0.10
- otage: $0.09
- and 65 more
Good to hear that Apple is being back so much cash!! Hopefully the economy does well for a few more years. I don’t think good things will happen to the crypto market if something happens to the stock market any time soon! Thanks for the post!!
The best thing that can happen to the stock market is for the manipulators like goldman and Jamie Dimon to go to jail if Crypto can help disrupt their bottom line then I would be happy to see a flash crash in the stock market.
Nice!
Can't wait to see how this pans out.
I hate to say it but regulation in ICO s is the only way forward if we want big money making its way into crypto.
Yeah, I hear ya. Whilst I had to see the feds poking their noses in, well, anything, this is required for cryptos to get to the next level. FOMO-minded noobs are going to throw money at anything, lose it, then dissapear from cryptoland if the space becomes completely overwhelmed with scamcoins and bullshit projects. Let the regs, clear out the obvious scams and hopefully that will scare off many of the scamsters, creating a healthier environment. Plus, of course, these more legitimized environment will permit the institutional to enter which, well, $$$$.
I think the SEC will be coming down hard on most crypto's and tbh i am concerned about Steem the most...
Crackdowns to be expected... can't let them shake you!
SEC only wants to regulate decentralized blockchains, because as Goldman admitted, the technology, which requires no trusted intermediaries, makes banks and other entities which offer financial services and financial institutions, including the SEC, which gets power from regulating them, obsolete. There is a clear conflict of interest, between the SEC and the technologists.
A credit card machine costs at least 700$ in fees, average, plus percentage of the transaction; a blockchain address costs small flat fees, and nothing up front.
Never imagine the SEC wants to actually reduce the number of scams; it wants to protect its vested interests, scare off the silicon valley programmers from eating the wall street pie.