Who thinks DCG / Genesis / Grayscale / Barry are bad actors?

[adaseb]

I find it odd that they would sue Gemini at a time like this. Maybe the SEC is getting pressured by someone else. Going after Genesis I understand but Gemini is one of the most regulated exchanges out there. Did they not know in advance these laws how lending Bitcoin is considered an unregistered security?

Pretty crazy that the brand will be forever damaged and it was all due to the FTX collapse. It’s crazy how the contagion is still spreading when FTX collapse was over 2 months ago and Bitcoin is gaining on $20k again.

[OgNasty]

I find it odd that they would sue Gemini at a time like this. Maybe the SEC is getting pressured by someone else. Going after Genesis I understand but Gemini is one of the most regulated exchanges out there. Did they not know in advance these laws how lending Bitcoin is considered an unregistered security?

Pretty crazy that the brand will be forever damaged and it was all due to the FTX collapse. It’s crazy how the contagion is still spreading when FTX collapse was over 2 months ago and Bitcoin is gaining on $20k again.

Well, you know what the scariest words in the English language are… “I’m from the government and I’m here to help.” Getting involved in a bad situation and making it worse is sort of their calling card. I think the quick timing is odd here. I am not sure they’re going after the right people either. Gemini had some pretty crazy terms to use their Earn program. I think they should be going after Barry as I’m not sure who else could right the situation.

[FUCKBSVFUCK]

Yes it can be said that they are bad actors or even some other frauds, so the only way that we can think of it is just to let people know that what they are doing is not good at all and in fact they are making the right decision to just wait, when they are done they have a choice in their own hands. This is one of the most dangerous ways to do things in this way is to be in the middle and not have any plans to do anything else with the world. I will take this from my perspective as I know from this very topic of Zhusu not to lose his mind and his actions. 
 
Yes, I do think that they are wrong but I think that he's right and he'll decide the wrong way. They will always be looking for the best and only option with the wrong decision is to save him from his negative experience.