GetShredKev
@GetShredKev
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“Repugnant is a creature that would squander the ability - to lift an eye to heaven, conscious of his fleeting time here”
Joined August 2021
$900 million in non-crypto (fiat currency) money laundering vs $900,000 in crypto money laundering. Crypto is clearly not the problem. Criminals and bad actors are. It would be a historic mistake to crush an entire emerging industry based on incorrect data.
“Last year, the Department of Justice indicted a Sinaloa Cartel member who laundered nearly $900,000 in crypto.” What she doesn't want you to know: In the years prior, the Sinaloa & Norte del Valle cartels laundered nearly $900,000,000 in fiat currency through HSBC. That's a
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Gary Gensler & the SEC says crypto is frauds & cheats. US Court of Appeals says he’s arbitrary and capricious.
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Prometheum received its FINRA approval on May 24th, two weeks before the SEC's June 6 lawsuit against Coinbase. https://t.co/lDXqs3VmsD
coindesk.com
The Financial Industry Regulatory Authority (FINRA), an industry-funded oversight arm created by the SEC, announced last week that it has given a broker-dealer approval to Prometheum Ember Capital...
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Roe cost Republicans the mid-terms. The @SenWarren and @GaryGensler war on crypto will cost Dems the 2024 election.
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Yep. To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board (where authority resides). Former Chairs of the SEC are ineligible.
In just 60-something words, SEC Commissioner @HesterPeirce has managed to articulate all that hits awfully close to home. Thank you.
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The collapse of U.S. influence over Saudi Arabia and the Kingdom’s new alliances with China and Iran are painful emblems of the abject failure of the Neocon strategy of maintaining U.S. global hegemony with aggressive projections of military power. China has displaced the
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The problem Silicon Valley Bank faces today is VERY different than the 2007-2009 banking crisis. $SIVB was thriving. Credit losses are fairly low. Its deposits TRIPLED from 2019 to ‘21. How’s that a problem? It sounds great, right? Well, it’s a Wonderful Life… 🧵👇
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Remember when the SEC protected us by shutting down BUSD?
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Well said. There was no way to register (a disingenuous offer). “Using enforcement actions to tell people what the law is in an emerging industry is not an efficient or fair way of regulating.”
My thoughts on today's Kraken settlement:
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Since @garygensler won't abide by his own polices to "come in and talk”, the House GOP will hold him accountable. Today, as promised, our oversight of the @SECGov begins with a request for documents surrounding their interactions with @SBF_FTX, @FTX_Official, and @TheJusticeDept
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@coffeebreak_YT Live footage of their accounting. 😂 https://t.co/LaRN7EloSD
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You ever notice how everyone is angry and divided right now? It's not an accident. The people who run the world realize that the old system doesn't have much time left. Division is necessary to create the new- much worse- system. Opt out. Choose Crypto
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Remember that Cardano is a scam people. Thank God we have things like celsius, luna, and FTX to protect us. Seriously fuck you guys.
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You can't do proof of reserves for exchanges because they can just take a loan against the assets off chain. It is still better than nothing. #ftx, #celsius, #blockfi, #RichardHeartWasRight
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This is why ⤵️ Democratic super PACs and billion dollar donations to pay for SEC seats.
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