Congress demands more oversight in Gary Gensler in SBF connection...

[The_Krakenite]

I'm ok with the SEC doing what they are doing vs Binance (if the allegations are true). Sadly, there is another side showing that SEC lacks evidence now.

Honestly, we're at a point where an American that works in government is accusing someone of using/having WEAPONS OF MASS DESTRUCTION.

Do you remember what happened last time an American in the government went down that route? That also cost a fortune in taxpayers' money & blood.

In any event... I made EXACTLY $1,000 today just on those BTC long-calls. ~3K for a few days of sitting on my ass. Thanks Gensler!

 

[Tokenz]

The real abuse is that crypto fraudsters do. Tether is the world biggest financial fraud. But you keep ignoring it of course. SEC is doing what they supposed to finally.

Cool man, believe whatever you want to believe. Because guess what? Bitcoin will have another rally, and Gary gensler will be exposed as the corrupt little bald weenie that he is. So you can yell and scream "TETHER IS A FRAUD" all you want but no one will listen or even hear you.

 

[Tokenz]

I'm ok with the SEC doing what they are doing vs Binance (if the allegations are true). Sadly, there is another side showing that SEC lacks evidence now.

Honestly, we're at a point where an American that works in government is accusing someone of using/having WEAPONS OF MASS DESTRUCTION.

Do you remember what happened last time an American in the government went down that route? That also cost a fortune in taxpayers' money & blood.

In any event... I made EXACTLY $1,000 today just on those BTC long-calls. ~3K for a few days of sitting on my ass. Thanks Gensler!

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The thing is, you just admitted that you don't know if the allegations against Binance are true. Have you used Binance? Do you know how they operate? Because last time I was on their site, they played everything by the books. And it's not the least bit surprising the SEC lacks evidence, I mean everyone already knows they had none to begin with....

 

[BMK]

@Tokenz

Do you know how to launch a new coin?

I got a great idea

I want to launch a utility token that can be used to buy rare tulip bulbs

 

[The_Krakenite]

Have you used Binance?

No, because the OSC has banned them from being licensed here. Something to do with operating like a black-box. Canadians are funny that way, it's like they don't want another Quadriga all over again. America just had its QuadrigaX moment with FTX. Took them a while, like always in this space to catch up to everyone else in the developed world.

 

[RedDuke]

Cool man, believe whatever you want to believe. Because guess what? Bitcoin will have another rally, and Gary gensler will be exposed as the corrupt little bald weenie that he is. So you can yell and scream "TETHER IS A FRAUD" all you want but no one will listen or even hear you.

You remember Madoff??? People were screaming for decades he is a fraud, because of all red flag and were laughed off. How did it end?

tether is a much bigger and way more red flags. If/when tether collapses we can see BTC at 1K. The amount of carnage this would cost is immeasurable. The whole crypto market valuation is based on fake tokens printed out of thin air.

 

[BMK]

I got the idea for a crypto version of tulips from those guys at OceanGate

If we get it listed, the symbol would be BUBL

No, wait...

BULB. That's what I meant. That was a typo

 

[Tokenz]

@Tokenz

Do you know how to launch a new coin?

I got a great idea

I want to launch a utility token that can be used to buy rare tulip bulbs

Yeah well no one will buy that since it has no utility value

 

[Tokenz]

No, because the OSC has banned them from being licensed here. Something to do with operating like a black-box. Canadians are funny that way, it's like they don't want another Quadriga all over again. America just had its QuadrigaX moment with FTX. Took them a while, like always in this space to catch up to everyone else in the developed world.

Well see then? You don't know if the allegations are true. A company making Billions of dollars would have their own legal team so they can play by the books. Everytime I've tried to use Binance I was shut down because they know my IP address is from a country that doesn't allow retail trading on the coins they offer. With the money they already make, it would make no sense to have dirty hands

 

[The_Krakenite]

People were screaming for decades he is a fraud,

From memory, it was Edward Thorpe who first documented that this had to be a fraud, after being asked by a friend to investigate on a method to duplicate the returns. Thorpe first figured it out.

Years later, the CEO of Renaissance tried to duplicate Madoffs returns, and also gave up, telling his employees that it had to be a scam.

Eventually, Markopolis took a look into it. He is wrongly attributed as the person who figured it out. But... he stared himself in a movie production about the case, so he gets the glory I suppose...