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> In one instance, the Binance chief compliance officer messaged a colleague that, “[w]e are operating as a fking unlicensed securities exchange in the USA bro.

by gadnuk 3y ago

> In one instance, the Binance chief compliance officer messaged a colleague that, “[w]e are operating as a fking unlicensed securities exchange in the USA bro.” Source: https://twitter.com/JohnReedStark/status/1665748594421297152 https://twitter.com/JohnReedStark/status/1665748594421297152 Is there any player in this space that plays by the rules? CZ going the way of SBF. Tether next?

ProjectArcturis 3y ago
If you played by the rules, you would have already lost out to the cheaters.
- wmf 3y ago
  Yep, this is the story of Gemini.
  - DANmode 3y ago
    They were/are a Tether exchange, right?
    - wmf 3y ago
      No, they use real USD.
llamataboot 3y ago
Tether /is/ the main (fraudulent) player
- onlyrealcuzzo 3y ago
  Interesting that Tether and BitFinex have always been the worst and most corrupt, and are somehow last in line...
  - llamataboot 3y ago
    well, you can end up too big to fail...until it all fails...
anigbrowl 3y ago
This is such a great quote that the SEC made it up as a slide to accompany the announcement of the charges on Twitter. Many crypto enthusiasts considered the SEC's communication style most inappropriate XD https://twitter.com/SECGov/status/1665779371108335618 https://twitter.com/SECGov/status/1665779371108335618