Quote from: Gyfts on Today at 09:00:27 PM

Quote from: Nwada001 on June 07, 2023, 07:47:45 PM

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.

Totally im with this on which im not really that a fan on taking sides when we do speak about legal aspect or matter on which if there's something that needs to be clarified and prove out then it should really be needed up to be presented and its not really that shocking that government sectors would really be targeting out those companies or services or whatsoever that they would be able to spot out. You would really expect that there would really be that pressuring type of condition specially into the ones who had been accused or sued out or whatsoever in correlation into it.

Im not really into that kind of supporting just because this is what ive been using for several years now in speaking with Binance. If ever there are issues and been proved out then we do
know on whats next but i wont be shocked if this one would be an another show made by SEC which it isnt something new.