Brian doesn't seem to be a big believer in Gary and his brotherly love. Coinbase is securing an escape route from the US and got a license to operate in Bermuda. They're also securing locations and licenses in Brazil, Singapore and Canada...
Brian knows that Gary is stubborn like a donkey and won't give him a license even if Coinbase wins that lawsuit with the SEC. The SEC is going to do what it always does, play the long game to suffocate the business, like they're doing with all the ETF proposals. If they can't win in court they'll delay you for years until you get it into your little head that you're losing money doing this and leave.
Topic: Gary Gensler's SEC sues Crypto Influncers and posts on his Twitter as propaganda - page 8. (Read 2912 times)
April 22, 2023, 02:32:44 PM
April 22, 2023, 06:16:03 AM
@darkangel11
Because Gary of the SEC is picking and choosing who this mob is going to hustle and since he was buddies with The Bankman Frieds Gensler turned a blind eye to the entire FTX maelstrom which resulted in an atom bomb to the cryptocurrency market.
With Coinbase, I am not entirely sure what his end game was with them. Maybe he likes a fellow bald guy in Brian Armstrong.
Thats the only thing I can see in why he let the whole security case go with insider trading.
https://www.bloomberg.com/news/articles/2022-07-21/ex-coinbase-manager-arrested-in-us-crypto-insider-trading-case
https://www.washingtonpost.com/business/2022/07/21/coinbase-insider-trading-arrest
Because Gary of the SEC is picking and choosing who this mob is going to hustle and since he was buddies with The Bankman Frieds Gensler turned a blind eye to the entire FTX maelstrom which resulted in an atom bomb to the cryptocurrency market.
With Coinbase, I am not entirely sure what his end game was with them. Maybe he likes a fellow bald guy in Brian Armstrong.
Thats the only thing I can see in why he let the whole security case go with insider trading.
https://www.bloomberg.com/news/articles/2022-07-21/ex-coinbase-manager-arrested-in-us-crypto-insider-trading-case
https://www.washingtonpost.com/business/2022/07/21/coinbase-insider-trading-arrest
April 21, 2023, 12:11:05 PM
It would appear the SEC isn't interested in going after Proof of Work currencies, at least for the time being. First and foremost tho is the question of whether or not there is an "expectation of profit" one can assume when purchasing a cryptocurrency. Musk never promised anything regarding Dogecoin. Second is whether or not there is a specific governing body that steers the direction of a coin's development -- neither BTC or DOGE have such things.
As someone who's been following his DOGE-related moves rather closely, Elon did say he was going to accept DOGE for SpaceX merch payments. That's the one thing he said that he hasn't followed through with yet.
As someone who's been following his DOGE-related moves rather closely, Elon did say he was going to accept DOGE for SpaceX merch payments. That's the one thing he said that he hasn't followed through with yet.
I said it in another thread: the SEC is only interested in making a show as if they're doing something and going after the easiest targets. They'll either go after perpetrators who are clearly guilty, trying to flee, shutting down the business, cleaning accounts, or they go after people with money who the SEC know can pay the fine.
I don't like XRP but the SEC was so eager to shut them down and move on to another target, but Ripple lawyered up good and defended and now when Gensler was asked if it's a security he didn't answer.
Now he doesn't even know what is and what isn't a security. He's too scared of being sued by everyone.
Gensler said Coinbase allowed for trading of unregistered securities but he didn't sue Coinbase. He allowed FTX to scam people, but rejected Ark Investment and Grayscale bitcoin ETFs, that had all the proper paperwork. What a clown world this is.
April 21, 2023, 08:07:51 AM
Musk has gotten away with alot of things related to the shilling of doge coin on a publicly broadcasted show called Saturday night live in New York City last year to promoting it on his own globally used platform twitter.
So he will not be charged with any violations to do with them and it's use if he hadn't been so far in his past entangles with any cryptocurrencies.
On the other thread dedicated to Elon Musk's dealings into bitcoin with his Tesla Corporation, there is a two-day interview he did on Fox Business news released yesterday on youtube here:
https://bitcointalksearch.org/topic/m.62110887
It would appear the SEC isn't interested in going after Proof of Work currencies, at least for the time being. First and foremost tho is the question of whether or not there is an "expectation of profit" one can assume when purchasing a cryptocurrency. Musk never promised anything regarding Dogecoin. Second is whether or not there is a specific governing body that steers the direction of a coin's development -- neither BTC or DOGE have such things.So he will not be charged with any violations to do with them and it's use if he hadn't been so far in his past entangles with any cryptocurrencies.
On the other thread dedicated to Elon Musk's dealings into bitcoin with his Tesla Corporation, there is a two-day interview he did on Fox Business news released yesterday on youtube here:
https://bitcointalksearch.org/topic/m.62110887
As someone who's been following his DOGE-related moves rather closely, Elon did say he was going to accept DOGE for SpaceX merch payments. That's the one thing he said that he hasn't followed through with yet.
You are correct, Musk never did promise anything. He is no fool to do so with everything that is widely seen in the public eye regarding to cryptocurreny regulations and with him owning several businesses he does not want to jeopardize them in anyway possible just for the memes, so to speak.
He is currently in a lawsuit which is why he changed the twitter logo a couple of weeks ago to the doge coin just so to show his defiance to the SEC & the ones who are involved in the suit.
But I digress, there is a thread dedicated to his farces located here for any further discussions about Mr. Musk:
https://bitcointalksearch.org/topic/m.62126720
April 20, 2023, 10:19:32 PM
Musk has gotten away with alot of things related to the shilling of doge coin on a publicly broadcasted show called Saturday night live in New York City last year to promoting it on his own globally used platform twitter.
So he will not be charged with any violations to do with them and it's use if he hadn't been so far in his past entangles with any cryptocurrencies.
On the other thread dedicated to Elon Musk's dealings into bitcoin with his Tesla Corporation, there is a two-day interview he did on Fox Business news released yesterday on youtube here:
https://bitcointalksearch.org/topic/m.62110887
So he will not be charged with any violations to do with them and it's use if he hadn't been so far in his past entangles with any cryptocurrencies.
On the other thread dedicated to Elon Musk's dealings into bitcoin with his Tesla Corporation, there is a two-day interview he did on Fox Business news released yesterday on youtube here:
https://bitcointalksearch.org/topic/m.62110887
It would appear the SEC isn't interested in going after Proof of Work currencies, at least for the time being. First and foremost tho is the question of whether or not there is an "expectation of profit" one can assume when purchasing a cryptocurrency. Musk never promised anything regarding Dogecoin. Second is whether or not there is a specific governing body that steers the direction of a coin's development -- neither BTC or DOGE have such things.
As someone who's been following his DOGE-related moves rather closely, Elon did say he was going to accept DOGE for SpaceX merch payments. That's the one thing he said that he hasn't followed through with yet.
April 20, 2023, 09:31:17 PM
@rdbase. I am not arguing that there are no scams in the cryptospace but I very much agree. The rules and regulations they use are based on traditional finance and they try to use what the think might apply on the cryptospace. However, in reality, there is not any clear regulatory guidance on the cryptospace. Uncle Gary and the SEC only get the old rules and go on a witchhunt hehehe.
April 20, 2023, 06:16:05 AM
Alot of representatives during the hearing against what GG has done during his term as head of the SEC.
You can go to several media sites and view all the drilling they had put this gary guy through.
Eventually he will crack and say he doesn't know what he is doing.
You can clearly see with the questioning by Emmer had him rattled to the point his hands were shaking.
https://cryptoslate.com/us-congressman-emmer-says-sec-chair-gensler-is-incompetent
You can go to several media sites and view all the drilling they had put this gary guy through.
Eventually he will crack and say he doesn't know what he is doing.
You can clearly see with the questioning by Emmer had him rattled to the point his hands were shaking.
https://cryptoslate.com/us-congressman-emmer-says-sec-chair-gensler-is-incompetent
April 20, 2023, 12:51:09 AM
The head of the Securities and Exchange Commission, Gary Gensler, has been caught promoting Algorand. Critics are calling him a hypocrite.
What a hypocrite. On the one hand he attacks the cryptospace, but on the other hand he promotes crypto projects. He was like spitting and licking his spit back, so disgusting.
April 20, 2023, 12:21:13 AM
@rdbase. I speculate that uncle Gary might also be one of those who invested in Algorand and has lost 90% of his investment hehehe. This might be why he is cracking down on everything in the cryptospace, this might be personal for him hehehehe!
April 19, 2023, 02:08:27 AM
We should all observe one downside of this news, they are targeting crypto ads only. God only knows how many ads she might have done in the past which were not published publicly. That’s already insane to hear that they need info on advertisements also.
I am still wondering why Google is not behind the bars considering they kee running millions of such ads directly or indirectly?
You do not know if the project is scam or not until it’s exposed to scams.
Moreover, is it about the money? Imagine why Elon is still free and without charges. Lolz
Musk has gotten away with alot of things related to the shilling of doge coin on a publicly broadcasted show called Saturday night live in New York City last year to promoting it on his own globally used platform twitter.I am still wondering why Google is not behind the bars considering they kee running millions of such ads directly or indirectly?
You do not know if the project is scam or not until it’s exposed to scams.
Moreover, is it about the money? Imagine why Elon is still free and without charges. Lolz
So he will not be charged with any violations to do with them and it's use if he hadn't been so far in his past entangles with any cryptocurrencies.
On the other thread dedicated to Elon Musk's dealings into bitcoin with his Tesla Corporation, there is a two-day interview he did on Fox Business news released yesterday on youtube here:
https://bitcointalksearch.org/topic/m.62110887
@bbc.reporter Yes, I have seen that video along with someone stating since he promoted that coin he should be charged under his own law because they had invested into Algorand and lost a massive amount under that advice.
It was $2 and now it is $0.20 so a 10x loss while taking Gensler's own advisement into the project.
April 19, 2023, 12:00:33 AM
We should all observe one downside of this news, they are targeting crypto ads only. God only knows how many ads she might have done in the past which were not published publicly. That’s already insane to hear that they need info on advertisements also.
I am still wondering why Google is not behind the bars considering they kee running millions of such ads directly or indirectly?
You do not know if the project is scam or not until it’s exposed to scams.
Moreover, is it about the money? Imagine why Elon is still free and without charges. Lolz
I am still wondering why Google is not behind the bars considering they kee running millions of such ads directly or indirectly?
You do not know if the project is scam or not until it’s exposed to scams.
Moreover, is it about the money? Imagine why Elon is still free and without charges. Lolz
April 18, 2023, 11:26:22 PM
@rdbase. There is also a video of Gary Gensler promoting Algorand. The link to the video is included in the article. Uncle Gary should sue himself and also pay for the fine himself hehehheheh. The is head scratching. The cryptospace has created clowns and hustlers out of many people.
The head of the Securities and Exchange Commission, Gary Gensler, has been caught promoting Algorand. Critics are calling him a hypocrite.
Footage has emerged of Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), promoting the cryptocurrency Algorand (ALGO). Gensler, SEC chair since 2021, is spearheading a regulatory crackdown on Bitcoin and other cryptocurrencies.
At one point in the clip, Gensler speaks highly of Italian computer scientist Silvio Micali, the project’s founder. “Silvio Micali’s Alogrand, he’s a Turing Award winner at MIT I work with… Silvio’s got a great technology, it has performance, you could create Uber on top of it.”
Source https://beincrypto.com/sec-chairman-gary-gensler-caught-shilling-algorand-now-deems-it-a-security/
The head of the Securities and Exchange Commission, Gary Gensler, has been caught promoting Algorand. Critics are calling him a hypocrite.
Footage has emerged of Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), promoting the cryptocurrency Algorand (ALGO). Gensler, SEC chair since 2021, is spearheading a regulatory crackdown on Bitcoin and other cryptocurrencies.
At one point in the clip, Gensler speaks highly of Italian computer scientist Silvio Micali, the project’s founder. “Silvio Micali’s Alogrand, he’s a Turing Award winner at MIT I work with… Silvio’s got a great technology, it has performance, you could create Uber on top of it.”
Source https://beincrypto.com/sec-chairman-gary-gensler-caught-shilling-algorand-now-deems-it-a-security/
April 18, 2023, 07:29:08 AM
Gary Gensler will go against the courts today this time for his own sake.
https://www.wsj.com/articles/sec-chair-gensler-to-defend-climate-crypto-plans-before-gop-led-panel-2e3a6ade
https://cryptoslate.com/congressman-advances-legislation-to-fire-gary-gensler-downgrade-position
United States Representative Warren Davidson has declared he would introduce legislation to fire the boss of SEC.
source: https://cointelegraph.com/news/rep-davidson-to-introduce-legislation-to-fire-sec-boss-gensler-for-crypto-overreach
FTX and his involvement in the now well known defunct cryptocurrency exchange and him knowing Bankman Fried and his parents with their past encounters and relations. This most definitely will be a talked about subject during his defense.
https://www.wsj.com/articles/sec-chair-gensler-to-defend-climate-crypto-plans-before-gop-led-panel-2e3a6ade
https://cryptoslate.com/congressman-advances-legislation-to-fire-gary-gensler-downgrade-position
United States Representative Warren Davidson has declared he would introduce legislation to fire the boss of SEC.
source: https://cointelegraph.com/news/rep-davidson-to-introduce-legislation-to-fire-sec-boss-gensler-for-crypto-overreach
FTX and his involvement in the now well known defunct cryptocurrency exchange and him knowing Bankman Fried and his parents with their past encounters and relations. This most definitely will be a talked about subject during his defense.
March 27, 2023, 11:17:31 PM
That is a good take. Influencers should take a lesson on this. They should not take seriously who or what they are endorsing to the public. Since most will just follow what famous influencers do, it is upon them to make sure that they are not guiding their followers to bad decisions. We can only reach so much and educate a few but these influencers have a vast reach in their network. If they can educate themselves, and do their own research before accepting the endorsement, then there will be fewer victims of scams caused by them. I know it is hard to resist good money coming from scammers, but they should also bear in mind that they are influencing a lot of people who, not all but most, follow them blindly.
This is the sad truth about social media they will surely allure many people to buy such things because they truly believe that it will change their lives when it hits double but as time passes, there will be no money that will come back to those people that invested in that project their money is long gone and sometimes they surely believe what their influencers are saying when an influencer just do things many of their followers are blinded to this, and as the saying goes monkey see monkey do,
Although not Crypto related I think this is surely relatable and has the same concept as the cryptocurrency Stock pump and dump, because in this issue they charge those popular influencers on the internet here is the link to the ARTICLE they will surely lead their followers in buying with stocks and when that particular stocks get higher they will sell all of their stock without informing their audience that they will sell, and so this is kind of a scam leading to many of their audience in a loss of $100 million in total,
March 27, 2023, 05:18:30 PM
Well, I think that this is a powerful message to now do such a thing and if Kim Kardashian could be charged and can be punished by the law then I think Logan Paul and other influencers on Youtube that show's misinformation and sometimes direct scams could be sentenced with the same punishment,
That is a good take. Influencers should take a lesson on this. They should not take seriously who or what they are endorsing to the public. Since most will just follow what famous influencers do, it is upon them to make sure that they are not guiding their followers to bad decisions. We can only reach so much and educate a few but these influencers have a vast reach in their network. If they can educate themselves, and do their own research before accepting the endorsement, then there will be fewer victims of scams caused by them. I know it is hard to resist good money coming from scammers, but they should also bear in mind that they are influencing a lot of people who, not all but most, follow them blindly.
March 27, 2023, 04:06:09 PM
TWITTER VIDEO LINK
Actually, this is a great topic to cover for crypto Dummies, this will surely protect for who want to invest in crypto but don't have proper knowledge about the risk involved in it, they think it is all just gains, which is not a real deal, and I think if we could share this video this will surely spread awareness that not because it is well-known personnel you can be so sure that it is a 100% legit project, but what about it is a 100% legit project but it just failed miserably then it will surely land on scams or a rug-pull project, and it doesn't mean that if a celebrity is endorsing it, it will be a 100% success project I think we need to always keep in mind the DYOR word,
Well, I think that this is a powerful message to now do such a thing and if Kim Kardashian could be charged and can be punished by the law then I think Logan Paul and other influencers on Youtube that show's misinformation and sometimes direct scams could be sentenced with the same punishment,
March 26, 2023, 03:57:12 PM
Another one for Ripple against the SEC which from the looks of it will be closing soon enough in favor of Brad Garlinghouse.
https://bitcoinist.com/ripple-bolsters-case-new-filing-ruling-end-april
The SEC thought taking on the cryptocurrency sector meant they were going to knock each one over like dominoes and that was it.
Game over!
But they have took on the entire crytpoverse and now looks like they have bit off more than they can chew.
https://bitcoinist.com/ripple-bolsters-case-new-filing-ruling-end-april
The SEC thought taking on the cryptocurrency sector meant they were going to knock each one over like dominoes and that was it.
Game over!
But they have took on the entire crytpoverse and now looks like they have bit off more than they can chew.
March 24, 2023, 08:29:33 AM
SEC sues another celebrity the exact same one that they did to Kardashian on the promotion of a cryptocurrency scam.
SEC fines former NBA star Paul Pierce $1.4M over Etheruem Max
https://www.coindesk.com/policy/2023/02/17/sec-sues-former-nba-star-paul-pierce-over-ethereummax-promos
https://decrypt.co/121615/nba-star-paul-pierce-sec-fine-ethereum-max
Don't know why it took this long after fining her to go after this ex-NBA star for the exact same suit regarding promotion of a cryptocurrency.
But they only did just settle this late last week so they are really going with a fine tooth comb to squeeze even more out of this situation on the aftermath of the downfall of cryptocurrency exchange FTX months later.
From the latest "Shill Team" of who got served by Scary Gary and SEC this past week, NBA All-Star Shaquille O'Neal was mentioned as one of the defendants in this lawsuit. https://economictimes.indiatimes.com/news/international/world-news/us-sec-files-crypto-fraud-lawsuit-against-lindsay-lohan-and-7-other-celebrities/articleshow/98931900.cms?from=mdrSEC fines former NBA star Paul Pierce $1.4M over Etheruem Max
https://www.coindesk.com/policy/2023/02/17/sec-sues-former-nba-star-paul-pierce-over-ethereummax-promos
https://decrypt.co/121615/nba-star-paul-pierce-sec-fine-ethereum-max
Don't know why it took this long after fining her to go after this ex-NBA star for the exact same suit regarding promotion of a cryptocurrency.
But they only did just settle this late last week so they are really going with a fine tooth comb to squeeze even more out of this situation on the aftermath of the downfall of cryptocurrency exchange FTX months later.
Soulja Boy a producer of music and rap-artist is the only one in the lawsuit who hasn't settled and paid the fine.
So he is the only one to have enough contempt for what Gary Gensler and the SEC are doing and decided to fight back with a countersuit?
Along with the other cases currently going on with Garlinghouse CEO of Ripple and now Coinbase with Brain Armstrong against their earn program you would think they have enough on their schedule.
So now just might be the right time to pursue this to the Nth degree.
March 07, 2023, 06:25:15 AM
SEC has been making headlines the last couple of days with an all out war against anything to do with cryptocurrency.
In it's latest they have their sights set on binance's stablecoin busd and this has caused many to withdraw theirs from the platform and liquidate these assets in fear of a court ruling which will deem them as a security.
source: https://beincrypto.com/sec-staff-say-binance-us-offers-unregistered-securities
Some have speculated with this ruling it can cause a sideeffect among all other stable coins and even take down USDT along with it. Implicating all of the other stable coin markets as we know it:
https://cryptopotato.com/what-will-happen-to-binance-if-sec-manages-to-kill-busd
In it's latest they have their sights set on binance's stablecoin busd and this has caused many to withdraw theirs from the platform and liquidate these assets in fear of a court ruling which will deem them as a security.
source: https://beincrypto.com/sec-staff-say-binance-us-offers-unregistered-securities
Some have speculated with this ruling it can cause a sideeffect among all other stable coins and even take down USDT along with it. Implicating all of the other stable coin markets as we know it:
https://cryptopotato.com/what-will-happen-to-binance-if-sec-manages-to-kill-busd
March 04, 2023, 08:55:50 AM
There is a petition out from the digital currency traders alliance to rule against the SEC. US citizens only because you need to assign your district's politician to speak for you on this matter
https://joindcta.org/advocacy/stop-the-sec
https://joindcta.org/advocacy/stop-the-sec
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