As someone who studied america in college, I can definitely say that their entire history is about taking whatever they want and not caring about the consequences, if anyone even remotely tried to say anything, they stopped them too, that's how they grew. Being a bully and hated by everyone doesn't really matter to USA because as long as they are rich and powerful, they can be as much hated as they can be. It all goes back to old saying "I rather cry in my ferrari than be poor and noble" and I agree, they are doing whats best for them, and hurting the world instead.
However, this one wasn't about that, this one was just a crypto or securities thing, like was it a coin/token or was it a security, and I understand it, that's a normal thing, I actually sort of even supported it, so that people could actually have a difference in the end.
Topic: Nothing serious, just my own thought on the crypto crackdown. (Read 462 times)
America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
I almost get triggered then I return back to OPs title that "nothing serious, just (his)my own thought on the crypto crackdown. I hope that Op no longer have that resentment towards America because if he do, he is talking out with a lot and general people living out there. I am starting to guess that maybe you're one of those who got scammed in part of Sam and FTX and now you're still at that loss of your fund.
Of course, BTC have a lot of opportunities not only on web3 but also right now with the bloom of AIs. But that also means that the risk is greater. More people will have more ideas to take advantage of other people who still don't have an idea yet as to what is a scam and what is not. It's not about America or another country. It's about individual self awareness and of their own funds at risk. So invest and trade wisely.
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I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.
I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.
regulation is indeed important to protect users and prevent exchange platforms from doing as they please in their operations. but this is also used by the SEC to be able to lock down the movement of crypto and show the crypto community that they don't want Bitcoin and crypto platforms to grow even more in the country.
so what you say that the SEC protects the users is not entirely true. they are just using this for their own benefit and maybe more extreme steps will be taken by them in the future if they want it, so that the crypto doesn't grow even more and threaten the popularity of the USD and disrupt their economy.
I understand that you have concerns about cryptocurrency and its use to the detriment of others. I would like to reiterate that using cryptocurrencies can bring many benefits, such as reducing costs and saving time during payments and transfers. As for individuals or organizations abusing cryptocurrencies and causing harm to others, that is a legal issue and needs to be resolved by the authorities. It is impossible to judge that all those operating in the cryptocurrency sector have bad intentions.
It is expected that the authorities will work to ensure the safety and protection of the interests of cryptocurrency users, and encourage its development and application in various fields.
It is expected that the authorities will work to ensure the safety and protection of the interests of cryptocurrency users, and encourage its development and application in various fields.
I get that you have some strong feelings about America and the whole Sam and crypto situation. It's cool to have different opinions, and it's important to approach discussions with an open mind.
But hey, let's not jump to conclusions without concrete evidence, alright? It's essential to rely on verified info and let the legal process do its thing.
Crypto has definitely stirred up a lot of money and attention, but we can't label the entire industry based on a few isolated incidents. Remember, there are good and bad actors in every field.
If you have legit concerns, it's best to report them to the right authorities. Transparency and accountability are key.
But hey, let's not jump to conclusions without concrete evidence, alright? It's essential to rely on verified info and let the legal process do its thing.
Crypto has definitely stirred up a lot of money and attention, but we can't label the entire industry based on a few isolated incidents. Remember, there are good and bad actors in every field.
If you have legit concerns, it's best to report them to the right authorities. Transparency and accountability are key.
I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.
Personally, I don't think the SEC's goal is to protect anyone. Banks are even more unreliable now (how many banks have already collapsed in the U.S. due to misguided government policies) than cryptocurrencies. The SEC is an unnecessary monster manipulating the masses. I hope the director of the SEC will soon be fired.
I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
The USA is a country that has the potential to get anything it wants. Even if there are exceptions. The United States of America has smashed the places it occupied with the appearance of a peace ambassador and a defender of democracy. The USA is one of those responsible for the lives lost and wasted for the sake of oil, the youth that could not be lived, and the people who lost their families. You can have a good time in the USA as long as you serve your interests. Just like SAM. He is now at home, happily using customer deposits at FTX to finance his crypto company Sam, among which millions of dollars in political donations. Because of this illegal event, American politics remembered the existence of crypto and began to take precautions. Because the USA understood the amount of money in circulation in the crypto market and wanted to dominate the crypto markets. As he wanted to achieve in the Middle East, but this time without weapons.
Many crimes were committed, including money transfer fraud, money laundering and campaign finance violations, and the perpetrator is now under house arrest. Where is the justice in that? The USA is acting as it always does.
I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.
The sec seems to be causing problem with there strict regulations against exchanges and crypto projects. If it continues, it may cause a big loses to the government losing money they would have gained from tax crypto payers. There is a lot of money in cryptocurrency and the government need to bring simple and not too complex rules that would affect the interest of crypto exchanges and investors.
America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
Your opening sentence sounds like a loser talking, almost every country since the beginning of time has tried to expand by force at different points, the more static lines we see that define countries these days were defined over many centuries by all sorts of warring factions. However America refined the most prosperous economic system the world has ever seen up to a point, although admittedly it seems to be regressing a bit now. All financial institutions are subject to regulations that have been built up over many decades and cryptocurrency companies are no exception to that. If you want to play with the big boys then you have to follow the big boy rules, anyone that has been around business for a while would understand that.
I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.
I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
I also think so. The strict regulatory approach taken by the government, particularly through the SEC, is aimed at protecting users in financial troubles. Even though it looks strict, it is driven by the desire to ensure a safe and secure environment for crypto transactions. However, this strictness may inadvertently cause some crypto users to become more cautious and secretive about their involvement.
The cover-ups are always there and in the FTX case, it's brutal. Every bit of info is traceable around the internet and through the FTX servers or system. Nothing gets deleted just like that, there are transaction histories, proofs, snaps, backups, and whatnot but the government took the slower steps to reveal everything just to create that negative buzz in the world of cryptocurrencies.
Sometimes I am feeling the USA is slowly injecting this negativity into the crypto space in a step-by-step manner and no one would ever understand this unless the whole Crypto space is halted somehow.
They always making headlines but periodically and creating that fear in investors' minds who are into cryptocurrencies. First, they did 4-5 exchanger scams and opened them showing how their books are not clean including Binance US. Then they targeted the banks which are directly involved with the crypto such as SVC.
Don't you guys think everything is fishy and most of the drama started with FTX fall!
I do not think that it is a secret anymore, it is obvious that they are doing it because decentralized currency is putting some difficulty on the centralized fiat they have. If bitcoin keeps growing bigger and bigger, how could nations like USA or UK or China etc etc, big nations basically, could keep their population under control?Sometimes I am feeling the USA is slowly injecting this negativity into the crypto space in a step-by-step manner and no one would ever understand this unless the whole Crypto space is halted somehow.
They always making headlines but periodically and creating that fear in investors' minds who are into cryptocurrencies. First, they did 4-5 exchanger scams and opened them showing how their books are not clean including Binance US. Then they targeted the banks which are directly involved with the crypto such as SVC.
Don't you guys think everything is fishy and most of the drama started with FTX fall!
Financial freedom is one of the ways people could end up changing the system of a nation, because they have no worry anymore, and not like you can seize it neither because bitcoin could be privately owned, hence you would not be able to seize their finances. This means we are going to end up with a big deal when in fact there is nothing they could do and the best way would be to make sure they slowly and gradually make it look bad.
I am not a fan of conspiracy theories, but let's assume that you are correct, what is the maximum wealth that FTX can pay to US politics? According to the latest estimates, the total assets of the FTX platform had reached about 10 billion dollars at best, and if we assume that this amount was available as liquidity, even if it is completely unlikely, then it is likely that there were between one billion and 5 billion that were ready for use, even if we assume that it was Using all that money in electoral propaganda, it will not change a lot of things, it is a point in a big sea, as the debt of the United States for one year exceeds about 2 trillion and it is impossible for you to control it by 5 billion or change its political tendencies.
FTX collapsed because of depositors' blind trust in a person who tried to buy everything quickly to prove to everyone that he had enough money and that customers' money was safe, but he was misusing it and printing fake tokens in return.
FTX collapsed because of depositors' blind trust in a person who tried to buy everything quickly to prove to everyone that he had enough money and that customers' money was safe, but he was misusing it and printing fake tokens in return.
Although we accept this theory as correct, as you said, this is actually a small amount. Generally a small amount. Still, that small amount is too much to say no to. So we will never know all the facts.
Considering the criticisms against the USA, most of them are right. They aim to dominate everything, but I don't think they can achieve that in crypto.
The state of SAM can reveal many things. The coins we are talking about are very small for states but very large for individuals. Of course, if we accept the theory described in the main title as correct.
America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
it is true that United states has been involved in many conflicts around the world throughout the history. but in my opinion it is not accurate to blaming America for acquiring everything by force as international politics has numerous complexities and it is a lengthy debate. The allegations against Sam and FTX should be approached with substantial evidences considering that the case is still in the court.Furthermore, concerns regarding crypto currencies should be viewed in the context of an evolving technology, and governments around the world are making efforts to regulate it in a way that ensures effective monitoring of the financial transactions to protect interests of citizens.
When it comes to politics, they are complicated, and there are many hidden things that ordinary people like us would never know. But with what happened, it can be seen that the US empire is a country that always uses force, they defy all ways to get what they need. If you live in a country that has been attacked and occupied by the US imperialists, you will understand their cruelty. They are not messengers of peace as they always claim, and that is also the dark side of politics.
Regarding the demise of FTX and Sam, I can bet you it's not going anywhere, and what they're doing is buying time because they know everything will be forgotten in time.
America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.
it is true that United states has been involved in many conflicts around the world throughout the history. but in my opinion it is not accurate to blaming America for acquiring everything by force as international politics has numerous complexities and it is a lengthy debate. The allegations against Sam and FTX should be approached with substantial evidences considering that the case is still in the court.Furthermore, concerns regarding crypto currencies should be viewed in the context of an evolving technology, and governments around the world are making efforts to regulate it in a way that ensures effective monitoring of the financial transactions to protect interests of citizens.
The cover-ups are always there and in the FTX case, it's brutal. Every bit of info is traceable around the internet and through the FTX servers or system. Nothing gets deleted just like that, there are transaction histories, proofs, snaps, backups, and whatnot but the government took the slower steps to reveal everything just to create that negative buzz in the world of cryptocurrencies.
Sometimes I am feeling the USA is slowly injecting this negativity into the crypto space in a step-by-step manner and no one would ever understand this unless the whole Crypto space is halted somehow.
They always making headlines but periodically and creating that fear in investors' minds who are into cryptocurrencies. First, they did 4-5 exchanger scams and opened them showing how their books are not clean including Binance US. Then they targeted the banks which are directly involved with the crypto such as SVC.
Don't you guys think everything is fishy and most of the drama started with FTX fall!
Your views on FTX cover-ups and the slow drip of facts indeed have us questioning. The thick fog over blockchain data suggests that any hush-up needs a well-planned move.Sometimes I am feeling the USA is slowly injecting this negativity into the crypto space in a step-by-step manner and no one would ever understand this unless the whole Crypto space is halted somehow.
They always making headlines but periodically and creating that fear in investors' minds who are into cryptocurrencies. First, they did 4-5 exchanger scams and opened them showing how their books are not clean including Binance US. Then they targeted the banks which are directly involved with the crypto such as SVC.
Don't you guys think everything is fishy and most of the drama started with FTX fall!
Is Uncle Sam stirring up trouble in the crypto world? This theory needs strong evidence showing consistent efforts to tarnish crypto's image.
Sure, we've seen big-name scandals. But connecting them to an organized crypto attack? That's a leap without solid backup. Could these mishaps be signs of growing pains, with more eyes on the game? It's worth a thought.
The cover-ups are always there and in the FTX case, it's brutal. Every bit of info is traceable around the internet and through the FTX servers or system. Nothing gets deleted just like that, there are transaction histories, proofs, snaps, backups, and whatnot but the government took the slower steps to reveal everything just to create that negative buzz in the world of cryptocurrencies.
Sometimes I am feeling the USA is slowly injecting this negativity into the crypto space in a step-by-step manner and no one would ever understand this unless the whole Crypto space is halted somehow.
They always making headlines but periodically and creating that fear in investors' minds who are into cryptocurrencies. First, they did 4-5 exchanger scams and opened them showing how their books are not clean including Binance US. Then they targeted the banks which are directly involved with the crypto such as SVC.
Don't you guys think everything is fishy and most of the drama started with FTX fall!
Sometimes I am feeling the USA is slowly injecting this negativity into the crypto space in a step-by-step manner and no one would ever understand this unless the whole Crypto space is halted somehow.
They always making headlines but periodically and creating that fear in investors' minds who are into cryptocurrencies. First, they did 4-5 exchanger scams and opened them showing how their books are not clean including Binance US. Then they targeted the banks which are directly involved with the crypto such as SVC.
Don't you guys think everything is fishy and most of the drama started with FTX fall!
Quote
Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.
Corruption is everywhere, but USA is not some corrupt banana republic.
Sam Bankman-Fried had donated money to the Democratic party, but this doesn't mean that he is above the law or he will get out of this court case without any consequences.
You are clearly overestimating the scale and the influence of the US cryptocurrency industry. The US crypto industry is 100 times smaller than the big banks and corporations on Wall Street. I'm sure that the Wall Street giants aren't afraid of the crypto industry. Most of them probably don't even pay attention to crypto.
I think America is actually quite crypto-friendly. it's just that the SEC is concerned about some crypto being considered securities and not the one who gives the impression that America doesn't support crypto. whereas this is only a matter of securities or commodities.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
facts about crypto and america are
✓1. The most bitcoin ATMs are in America
✓2. There are about 45 million plus crypto users in the US.
this is what makes the government act more strictly on the grounds that it wants to protect its users in financial matters, especially those related to crypto and the SEC is moving for this. but America is indeed too strict and slowly it can make crypto users there hide more as crypto users.
Well, that's not interesting! And where is the “bloodthirsty Uncle Sam”, “where is the enslavement of the whole world by the USA”, and it’s completely sedition - what does it mean “the USA is not to blame for all the evil in the world”?
))Actually, you are absolutely right. The US is talking about one thing - in the financial market, the rules are the same for all players. If you provide services that generate income in liquid assets, this is a complete analogue of banking services. Please, work within the law.
But with Binance, for example, the situation is completely different. Not only do they provide services that are subject to financial regulation in the US, they also provide ILLEGAL services - money laundering (France initiated criminal proceedings), assistance in circumventing sanctions (imposed by the US), etc. Those. simple "cryptocurrency crime". And the tales about "bloodthirsty Uncle Sam" are just an attempt to justify the criminal, and shift attention from a real problem to an invented one
So, in this case if CZ has got a good friend in the congress or senate and he helps him with funding then for sure there will be some protection that he'll get and that guy will surely push away whoever stands their way.
However, Binance isn't like FTX that has got the obvious of stealing people's money. There's always the reason behind these policies and crackdowns and if they're targeting a bigger entity, maybe things will change if there's an 'under the table' thing.
Before now I have doubted the conspiracy theory but at a time in life when I took up some projects and made financial movements and growth, I understood that there is some level of conspiracy in almost everything you can think about.However, Binance isn't like FTX that has got the obvious of stealing people's money. There's always the reason behind these policies and crackdowns and if they're targeting a bigger entity, maybe things will change if there's an 'under the table' thing.
I became more convinced of this during the covid-19 when China played it on the whole world having conspired with other close allies to plunge USA into a certain degree of confusion.
Sam of FTX could not have done it alone and for Binance to be in the book of SEC, he has refused to renew his conspiracy dues. Nothing happens by chance.
Too many involved with these but those that they can't voiced out should be protected. As for these cases, they'll eventually die and won't be talked anymore or if it will be shall remain as a memory.
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