arstechnica ,
@arstechnica@mastodon.social avatar

SEC crypto crackdown continues with Robinhood as lawsuit looms

Robinhood accused SEC of creating a "world of confusion around crypto."

https://arstechnica.com/tech-policy/2024/05/sec-crypto-crackdown-continues-with-robinhood-as-lawsuit-looms/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

yora ,
@yora@mastodon.gamedev.place avatar

@arstechnica The irony.

Crypto currencies are build on deliberate confusion and obfuscation. They only got popular because the fools did not want to admit they are among those who "just don't get it".
If you get it, you wouldn't do it, or do it only to scam others.

Bandersnatch ,
@Bandersnatch@mastodon.social avatar

@arstechnica Oh yeah, the SEC did that.

Not you idiots.

thespiralcow ,
@thespiralcow@mastodon.social avatar

@arstechnica Crypto is and always has been a massive scam. Outlaw it.

jcriecke ,
@jcriecke@urbanists.social avatar

@arstechnica imo this is less about protecting citizens from fraud and more about maintaining an iron grip on money and keeping current power players in power

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