Post
Topic
Board Economics
Re: Cz or the Sec who would you support?
by
Gyfts
on 08/06/2023, 21:00:27 UTC
I'm not supporting anyone on this issue; both the SEC and Binance CEO are not completely clean; they all have what's going on for them under the ground. In as much as the SEC is claiming to be protecting their investors interests by deciding for them on what's safe and what's not safe, I always see a personal interest and attack over their past and present cases with crypto exchanges.

I'm not one to normally take sides on legal matters until I see the entirety of evidence either, but keep in mind the SEC hasn't been clear on the statutory language of crypto and their classification as either commodities or securities. They'll create a treacherous legal environment to begin with, then start filing lawsuits at companies they want to target.

Subpoenas start being thrown around (judges will sign them off without cause) and then the U.S. government can force company executives to show up to court, and if they refuse, they become immediate criminals.