1 sat \ 1 reply \ @cliftonbride 3 Sep 2021 \ on: SEC is investigating DEX developer Uniswap Labs: Report bitcoin
IMO if you are responsible for creating a coin and you hire people who’s implicit or explicit goal is to make that coin worth more money the SEC should come after you.
I agree. In that case some function of its market presence is too centralized to not be a quasi-security.
The problem with the SEC is that they can’t do their job well or fast enough - so investors merely have the illusion of protection which can be more dangerous than not being protected at all. Especially when new things emerge.
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