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/biz/ - Business & Finance

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53247092 No.53247092 [Reply] [Original]

These two will be the SBF of 2023 and destroy the crypto market. SEC has charged them for selling unregistered securities. Get out before they burn the crypto market down and we see Bitcoin back at four digits again

>> No.53247104
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53247104

>>53247092
No

>> No.53247115

they're based though

>> No.53247149

>>53247092
quite literally not my problem as I've never used any of these centralized platforms

>> No.53247169

>>53247092
Selling securities and selling your customers funds are not the same
Fucking retard

>> No.53247196

>>53247092
They're blameless. The SEC has provided zero guidance for years to crypto exchanges.
Gensler is doing this now and against Gemini and Genesis specifically because he's trying to damage crypto as much as possible.
Plain and simple.

>> No.53247222

>>53247169
yea i have no idea what the fuck is going on. earn wasn't selling anything. it was LENDING user crypto to genesis. lol what in the hell?

>> No.53247245

>>53247092
Who cares? These wall street shenanigans have no effect on my crypto. 1 DOGE = 1 DOGE.

>> No.53247708

>>53247092
I feel it. That letter they sent Barry seemed desperate.

>> No.53248390

>>53247092
>SBF of 2023
No they won't. Gemini is regulated as fuck.

But I will concede it will be easier to label them as Earn was on the Gemini platform. Even though they gave you multiple warnings that it was essentially a Genesis thang, like when you willingly leave the trail at a national park... then beg for a helicopter to rescue you 4 hours later.

>> No.53248900

small fine will be paid years after lawsuit goes to court slap on wrist

>> No.53249452

>>53247092
if dubs then you are right

>> No.53249516

>>53247092
the winklevoss twins are just the small fish. the real SEC target is barry silbert and GBTC

https://youtu.be/SC-wIVLyrGo [Embed]

>> No.53249938

Im starting to realize that /biz/ is slow to news cycles if it's on here than it already aged. No wonder people say do the opposite of what this shit hole says. Where do people get their latest business news from ?

>> No.53249949

>>53249938
Your moms sweaty hole

>> No.53250078

>>53247092
how much do forehead extensions cost?

>> No.53251162

>>53248390
Commonwealth bank is invested in Gemini and commonwealth is the most Jew like bank in aus

>> No.53251187

>>53247196
>guidance
That is part of theproblem. Markets don't need guidance, it needs regulations

>> No.53251254

>>53247196
The SEC has been doing this for a while now.
Providing 'regulations' via court actions. They act like they are doing something right while they rob people who cannot afford to fight them while suppressing everyone else using the case as precedent.
It would have been the same with Ripple but they're fighting rather than settling. For all the faggots who dislike Ripple, if they were smarter they could see the ripple effects as the SEC ratchets down on the entire industry one case at a time.
Or they can keep on mindlessly sucking them off, which is more likely.

>> No.53252154

>>53249938
crypto Twitter probably

>> No.53252169

>>53247092

4/10 x 2, fair enough, would bang