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#CFTC

4 posts4 participants0 posts today

People should understand that companies going forward will just issue crypto tokens instead of deal with the securities regulations that have protected investors for a century. There will be no disclosure of things like income, assets, ownership structure, and risks.

The #SEC has already changed the rules so that a company that wants to issue a token to raise money can just say "this is not a security and thus is unregulatable" and if the SEC does not object within 60-90 days then that company is in the clear permanently.

Mark my words, we're going to see #SpaceX, #Tesla, #OpenAI, and all the other opaque private companies burning insane amounts of money issuing tokens in the not to distant future.

x.com/BanklessHQ/status/190675

X (formerly Twitter)Bankless (@BanklessHQ) on X.@RobinhoodApp CEO @vladtenev on why we need to tokenize private companies like SpaceX & OpenAI 👇
#uspol#finreg#CFTC

🔍 Schneller Reichtum durch Trading? Vorsicht! 🚨

Immer wieder tauchen vermeintliche Experten auf, die „den heiligen Gral“ des Tradings versprechen – ohne Fachwissen, ohne Strategie, nur mit einem Klick zum Erfolg. Doch die Realität sieht anders aus! 📉

Die CFTC warnt vor Internet-Hypes im Finanzhandel – und das aus gutem Grund. Ein durchdachter Handelsplan ist unerlässlich für langfristigen Erfolg.

Genau das vermitteln wir in der TrendTechnik®-Ausbildung: Wissen statt Wunschdenken.

📖 Hier geht’s zum Artikel (Artikel von @Doris geschrieben) trendtechnik.eu/webblog/cftc-k

👉 Was denkst du? Sind dir solche fragwürdigen Trading-Versprechen schon begegnet? Lass es mich wissen in den Kommentaren!

oh look #BradGarlinghouse, another one of the 2024 election's megadonors, had (some of the) securities fraud charges against his company #Ripple dropped (they were charged with selling unregistered securities in the form of their token #XRP - the same XRP token that Trump wants to put in the “Strategic Crypto Reserve”).

i assume the rest of the charges (the ones they were convicted of) will be dropped soon enough.
x.com/bgarlinghouse/status/190

Great interview on @CryptoCriticPod with a former SEC official about what went wrong w/crypto enforcement. My favourite quote:

> “Crypto is a machine where fraud and money laundering go in one side and campaign contributions come out the other end.”

He also makes an important point about how crypto scams functionally DDoS'ed America's regulators.

> "Having 15,000 nationally available non-compliant securities [that want to litigate every step of the way] issued [within such a short time span] is not something that’s ever happened before."

youtube.com/watch?v=aF7gR-1MHb

#SEC#CFTC#finreg

#JustinSun, the chinese crypto bro who was indicted by the #SEC (and #CFTC IIRC) for fraud a few years ago before more recently buying $75 million worth of Donald Trump’s #WorldLibertyFinancial token #WLFI (60% of which went directly into Donald Trump's pocket) two days before the inauguration and is now Trump's crypto business partner, is in discussions with the SEC to have his charges “resolved”…

so he tweeted 3 handshakes.
x.com/justinsuntron/status/189