Win over SEC - Token Taxonomy ACT - Self Custody and Regulation - Congress In Bed with FTX?
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So these politicians who raise millions will cave in for FTX because of these donations?
Emmer and Gottheimer led the Blockchain Eight in donations from FTX with each receiving $11,600. FTX was in the top 15 of Emmer’s biggest donors in the 2022 cycle. Auchincloss received $6,800, and Budd and Torres received $2,900.
BREAKING: Congress members reportedly tried to stop the SEC’s inquiry into FTX, per the Prospect, with a March letter that questioned the SEC's authority to inquire about crypto & in part, FTX.
5 of the eight received campaign donations from FTX employees, from $2,900 to $11,600.
BREAKING: Congress members reportedly tried to stop the SEC’s inquiry into FTX, per the Prospect, with a March letter that questioned the SEC's authority to inquire about crypto & in part, FTX.
— unusual_whales (@unusual_whales) November 25, 2022
5 of the 8 received campaign donations from FTX employees, from $2,900 to $11,600.
Let's level set: In March, 4 Ds and 4 Rs sent a letter to SEC Chair Gensler regarding the Division of Enforcement's interactions with the crypto ecosystem. @RepTomEmmer who is the ranking member of the Oversight Subcommittee (the subcommittee that oversees the SEC) led the letter https://t.co/HFm2XOwyFw
— Ron Hammond (@RonwHammond) November 23, 2022
Representative Ted Budd, one of the signatories, received half a million dollars in support from a Super PAC created by FTX co-CEO Ryan Salame.
— unusual_whales (@unusual_whales) November 25, 2022
Read more details: https://t.co/UYcvyCo1vm
We were concerned in March that @GaryGensler was taking an indiscriminate and inconsistent approach to oversight of the crypto community. https://t.co/7MLPETnLxF
— Tom Emmer (@RepTomEmmer) November 25, 2022
#ICYMI Many of us have been the leading voices calling for nonpartisan legal clarity since 2018. eg Token Taxonomy Act, Keep Your Coins Act, Digital Taxonomy Act, etc https://t.co/1EsTNVSBln
— Warren Davidson (@WarrenDavidson) November 25, 2022
If more people were alive today with the initiative and values of the original Pilgrims, you'd be paraded through the street in tar and feathers
— LBRY 🚀 (@LBRYcom) November 24, 2022
"Binance is not a Chinese company, we are not related to China at all."
— Bloomberg Crypto (@crypto) November 24, 2022
CEO Changpeng "CZ" Zhao (@cz_binance), who is considering a bid for assets of bankrupt crypto firm Voyager, said on @BloombergTV his company is mistakenly believed to be Chinese "because I look Chinese" pic.twitter.com/Wqos9XTeW5
This is absolutely outrageous for many reasons. I have no words. https://t.co/q6lHh6EX3v
— David "JoelKatz" Schwartz (@JoelKatz) November 24, 2022
We have talked about Exchanges buying Banks - well, apparently, FTX bought a bank at 2x its valuation. Question from the article - why did the Fed Gov approve this?
Questions are being asked about how FTX got federal approval to buy its stake in Farmington. Banking veterans told the New York Times that it was hard to believe regulators would knowingly allow the crypto firm to do so.
Significant https://t.co/6Eoy1gFQhg
— John E Deaton (@JohnEDeaton1) November 24, 2022
U.K. BANKS - This is worrying.
— Bernie's Tweets (@BernieSpofforth) November 24, 2022
Following the collapse of crypto exchange FTX, UK banks have decided you can only spend your money on crypto IF they allow you to!
Complete control of how you spend your money. A chilling glimpse of a CBDC future. pic.twitter.com/JOkCoRSlBz
I'm sorry but no. This is not PoR. This is either ignorance or intentional misrepresentation.
— Jesse Powell (@jespow) November 25, 2022
The merkle tree is just hand wavey bullshit without an auditor to make sure you didn't include accounts with negative balances. The statement of assets is pointless without liabilities. https://t.co/b5KSr2XKLB
The whole Proof of Reserves charade is a red herring purposefully fabricated to deceive customers. – Show us a fucking fully audited consolidated balance sheet.
— Arturo Portilla (@Arturo_P_A) November 25, 2022
🚨WARNING: Stay away from @Bitbuy. The crypto exchange is owned by SBF scam enabler @kevinolearytv. They just announced staking, do not stake nor store your crypto there. #Bitbuy
— Mr. Whale 🐳 whalechart.org (@WhaleChart) November 25, 2022
Terry Duffy, CEO @CMEGroup made quite a Freudian slip today.
— More Perfect Left (@moreperfectleft) November 23, 2022
Thank you @ryangrim @HerbWelch_ for catching this #Cryptocurency #FTXbankruptcy pic.twitter.com/RYrEPeUX9A
It is 💯 fraud. The FTX user agreement allows you to deposit your funds on SBF’s FTX exchange. Those coins/funds remain your coins/funds. “Lending” the💰out to his other company w/o permission, knowledge, etc constitutes theft. This was repeatedly done, which establishes intent. https://t.co/mIOhmQRzOf
— John E Deaton (@JohnEDeaton1) November 25, 2022
Ross Ulbricht is currently serving several life sentences for creating a free market place. Sam Bankman-Fried who stole billions from the average person will be speaking at the New York Times conference.
— Layah Heilpern (@LayahHeilpern) November 25, 2022
Political corruption goes deeper than you realise.
where did U.S. securities laws go wrong?
— _gabrielShapir0 (@lex_node) November 25, 2022
fundamentally, where it required that two parties both of whom specifically do *not* want to enter into a certain type of contract (an investment contract) are nevertheless deemed to do so based on "objective circumstances"
Too bad Scam Bankrun-Fraud got caught pants-down in a multi-billion dollar fraud. If only he would have been allowed to keep stealing customers' money, he would have saved the world. https://t.co/x9C5kySetb
— Arturo Portilla (@Arturo_P_A) November 25, 2022
Ripple Strikes Back – SEC WARS – T-shirt
The SEC dropped a lawsuit at the end of 2020 alleging that Ripple sold XRP as an unregistered security. Ripple Strikes Back. Game on Bitchez.