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53411151 No.53411151 [Reply] [Original]

Is the SEC security FUD getting to anyone else? With the FTX shit show, US government regulation is just over the horizon. Im scared bros. What if I can't even sell my internet money on exchanges because the SEC makes crypto exchanges stop trading and holding "unregistered securities"? Crypto will be kill

>> No.53411241

>>53411151
I figure the most they'll do is lock down the fiat ramps, but even those you'll be able to trade BTC and probably ETH. So you'll still be able to sell, will just need to go through a non-US-approved exchange first to move funds into those.

The problem will be for doxxed teams within the SEC's reach and the cryptos they develop getting shut down.

>> No.53411340

Sec cant even sue ripple properly, 2000s will be over by the time they get around to it

>> No.53411348

>>53411241
If you're in the US, I would assume Coinbase, Binance and Kraken would probably take any crypto labeled as an "unregistered security" off their US exchanges so I'm not sure exactly how an Amerimutt is supposed to sell their ETH or alt coin if that's the scenario

>> No.53411362

>>53411340
Supposedly that's going to be resolved in summer of 2023 but we'll see. If the SEC wins then it's going to be a Gary Gensler security spree on a lot of alts including ETH

>> No.53412225

>>53411348
Alt to BTC bridges will be made. There is no escaping crypto.

>> No.53414112

>>53411151
XRP holders are going to get REKT.
BTC back to 10k

>> No.53415154

>>53411151
For Americans, yeah.
For the rest of the world, we're just getting started.

>> No.53416930

>>53411151
Next year de santis will be in and nothing will happen until that with lame duck biden.