SEC Warns Crypto Investments Can Be 'Exceptionally Risky'

[sirty143]

SEC Warns Crypto Investments Can Be 'Exceptionally Risky'

The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete with fraud... See more for yourself here.

Your opinion is greatly appreciated.

[Tribalchief]

I appreciate the fact that sec is quit concerned with the financial wellbeing of the people who chooses to invest their hard earned money on cryptocurrency, but I think the game is all about taking risk. This risk has benefited so many, and also cause pain to so many. Personally, I think the risk is worth taking.

[Freemind]

Well, it seems like the SEC cares less about big banks laundering money or people who don't have a roof over their heads. The SEC (once again) only cares about what is not under their control, the rest, no matter how illegal or amoral, they don't care at all.

[Tribalchief]

Well, it seems like the SEC cares less about big banks laundering money or people who don't have a roof over their heads. The SEC (once again) only cares about what is not under their control, the rest, no matter how illegal or amoral, they don't care at all.

I am happy you said that, because I almost mentioned something like that, but i felt it would be too harsh on them. I guess they just allow these banks do what ever they like because they are practically under the nose of SEC. It's quit unfortunate for them that crypto happens to be an independent movement without a leader, but still withstand the pressure from the exchange and security.
Thanks alot.