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News related to Crypto / Re: Gensler Calls Crypto Full of Outsized Piece of Scams, Frauds
« on: Today at 05:08:22 AM »So the fact that they are actually doing something about it for the time being makes me happy. I am not saying that it is a good look for us, but the blame is not at Gensler, it is those scammers who are ruining our name.I don't think most of us hate the SEC for that. Most criticism against them is not about their goal but how they do it. You are not at fault for doubting whether their goal is truly good. Especially if you look at how they file a claim without evidence as I mentioned above. You can blame Gensler or the SEC for their inconsistencies, just like how you blame scammers for stealing money or the police when they do a terrible job at protecting you.