Row 53053
Content Data
This page contains data entry 53053 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
You have absolutely no idea what you're talking about. You are paying zero attention to Gensler's bad faith behavior.
Gensler is the worst regulator in the history of the SEC. Exchanges keep asking the SEC to explain which cryptos count as securities and why, and the SEC refuses to answer their questions. Coinbase sued the SEC to give them clarity and the SEC still refused to answer. They said they need more time to come up with a framework. Then the SEC turned around and sued Coinbase for offering unregistered securities. Giving guidance is one of the main jobs of a regulator but the SEC hasn't given the tiniest bit of guidance about it's interpretations of securities laws. It says it hasn't made up its mind and then it sues all major US exchanges saying they should have known they were offering securities.
Gensler's one and only tactic is to intimidate the industry through lawsuits because his job is to drive crypto out of the US. The SEC failed to catch FTX, Celsius, BlockFi, Terra, or 3AC but they did manage to intimidate Kraken into dropping Eth staking. Gensler hasn't protected a single crypto investor from fraud but he has protected them from making profits and getting Eth literally for free.
Biden vowed to veto the repeal of SAB 121 that just passed both the House and Senate, which is a complete joke of a rule requiring banks to list custodied crypto assets on their balance sheets for the explicit reason that keeping private keys safe is too hard for banks even though average crypto bros have been doing it for years. The point isn't to protect anyone. It's to make it completely unattractive for banks to custody crypto.
| Field | Value |
|---|---|
| text | You have absolutely no idea what you're talking about. You are paying zero attention to Gensler's bad faith behavior. Gensler is the worst regulator in the history of the SEC. Exchanges keep asking the SEC to explain which cryptos count as securities and why, and the SEC refuses to answer their questions. Coinbase sued the SEC to give them clarity and the SEC still refused to answer. They said they need more time to come up with a framework. Then the SEC turned around and sued Coinbase for offe… |
| label | r/cryptocurrency |
| dataType | comment |
| communityName | r/CryptoCurrency |
| datetime | 2024-05-22 |
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| url_encoded | Z0FBQUFBQm5Lak9qQ0dfa0hZcXZjbGtRYnBkeEd1YmpxWTFHSHd0V0ozOXo2MFBaYTM4bEtqWU9UX1pYWkU1dHVvQk5iZjNNVW5sNENsWWJwQkExc1hOaThxMkUwQzZYZko1NUpkRU1XRC1TamxCWkx6WE1SSFloT1RPekZ0aVBuZWxvbU1KUnpFTTdadzhEWUNBT2xDbDlZRkg2em5BYVFxZ3R3R2kwb1ZYOHp0QWlfVEZnbzFadHNKZmRmS3VqT0dva29PT2dzWExJNDQ4LWUzRGNyWnU5TjRpMlRoWS1mUT09 |
Raw Record
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"text": "You have absolutely no idea what you're talking about. You are paying zero attention to Gensler's bad faith behavior.\n\nGensler is the worst regulator in the history of the SEC. Exchanges keep asking the SEC to explain which cryptos count as securities and why, and the SEC refuses to answer their questions. Coinbase sued the SEC to give them clarity and the SEC still refused to answer. They said they need more time to come up with a framework. Then the SEC turned around and sued Coinbase for offering unregistered securities. Giving guidance is one of the main jobs of a regulator but the SEC hasn't given the tiniest bit of guidance about it's interpretations of securities laws. It says it hasn't made up its mind and then it sues all major US exchanges saying they should have known they were offering securities.\n\nGensler's one and only tactic is to intimidate the industry through lawsuits because his job is to drive crypto out of the US. The SEC failed to catch FTX, Celsius, BlockFi, Terra, or 3AC but they did manage to intimidate Kraken into dropping Eth staking. Gensler hasn't protected a single crypto investor from fraud but he has protected them from making profits and getting Eth literally for free.\n\nBiden vowed to veto the repeal of SAB 121 that just passed both the House and Senate, which is a complete joke of a rule requiring banks to list custodied crypto assets on their balance sheets for the explicit reason that keeping private keys safe is too hard for banks even though average crypto bros have been doing it for years. The point isn't to protect anyone. It's to make it completely unattractive for banks to custody crypto.",
"label": "r/cryptocurrency",
"dataType": "comment",
"communityName": "r/CryptoCurrency",
"datetime": "2024-05-22",
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}
Entry Information
- Entry ID: 53053
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000