Jesse Powell beat wax dogs for alleged regulatory strategies

Jesse Powell beat wax dogs for alleged regulatory strategies
It was only a few days ago that since octopuses, one of the largest exchanges in the USA, has set their staking services and has paid a severance payment of $ 30 million for the sale of-according to the SEC-not licensed securities.
Despite compliance with the supervisory authorities and the obligation to prove the reserves, both octopuses and binance have recently been under fire, albeit for various reasons.
Two birds, one flap
According to the former CEO of Kraken, Jesse Powell, the supervisory authorities may allow bad actors to carry out their plans to try to put cryptocurrencies in a bad light and to close real stock exchanges that often succumb to dishonest companies, which essentially their cryptocurrencies print their own resources whenever it is necessary.
As soon as the good ones have given up, the SEC and other supervisory authorities can take action against the bad actors who were supposed to continue without interference until their competition was smashed.
I have a theory: the regulatory authorities make the bad boys grow up and hunt in the air because it serves their agenda.
1. Destroy capital/resources in the crypto ecosystem
2. Burn up people, prevent adoption
3. Give air protection to attack good actors. The evil boys are actually on the side. Good boys are the enemy.
No good deed remains undisputed
powell's ventilation is probably the result of previous events, since both he and Caitlin Long allegedly warned the supervisory authorities about certain lazy shops in the crypto industry.
Although none of the crypto heavyweights stated about what case they were talking about, someone with this level of knowledge of the industry would probably have one or more of the latest examples to choose from.
In the case of Caitlin Long-the founder and CEO of Custodia Bank- evidence In all likelihood, Leos were handed over without measures being taken.
"I am publicly announced for the first time that (a) I have given the law enforcement authorities to provide evidence of likely crimes that were committed by a great crypto fraud, starting months before this company imploded and put on its millions of customers with losses, and I warned the bank supervisory authorities of the increasing bankruptcy risk within banks that serve the crypto industry, B4 Ultimately meet bankruns. “
Long is now urging a cross -party bill that would regulate the crypto industry in the same way as investment funds were properly supervised in the 1940s.
Although cases like this are understandably frustrating for those who alerted the supervisory authorities in advance, it is worth noting that details of legal investigations are often re -sealed years if not decades later. As a result, it is possible that both the Long and Powell Council and Powell were followed by the supervisory authorities, which for the time being simply keep it under closure.
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