SomethingDumbthing20
SomethingDumbthing20 t1_j9q54tr wrote
Reply to comment by LystAP in FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business by spatenfloot
You are definitely correct. I do find it funny that many businesses and banks have to verify and prove funds received were not illicit, but politicians don't.
SomethingDumbthing20 t1_j9pxcoe wrote
Reply to FTX founder Sam Bankman-Fried indicted on new criminal charges, including campaign finance violations | CNN Business by spatenfloot
And let me guess, none of the politicians that received the illicit funds will be charged with anything?
SomethingDumbthing20 t1_ixoi46e wrote
Reply to comment by atleft in Reuters: Global regulators to target crypto platforms after FTX crash by Globalist2
Crypto exchanges are very loosely regulated. There's no federal regulation and only a handful of states have crypto specific money transmission laws. Regulating these entities like banks is the only way it'll ever truly be a safe place to store funds. The current system doesn't work because it's too easy to fudge the books and examinations are too infrequent.
SomethingDumbthing20 t1_ixohl21 wrote
Reply to comment by heyman- in Reuters: Global regulators to target crypto platforms after FTX crash by Globalist2
From my understanding, that wasn't necessarily fruad on blockfi's part though. It was due to tying their own assets to the FTX and they were collateral damage from the FTX failure.
SomethingDumbthing20 t1_je16zyj wrote
Reply to comment by Maximum-Carpet2740 in I Would Love to Have Enough Time and Money to Go to an Office to Work All Day - Perhaps Steven Rattner and the executives complaining to him about their remote employees could lend me a hand (or $50,000 more a year). by speckz
And I personally think you can go fuck yourself.