Nothing serious, just my own thought on the crypto crackdown.

[Z390]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.

[1714691027]

1714691027

[SmartGold01]

I don't know more about the SAM but I do had of the FTX collapse which I don't think he is free from whatever that has happened, I know how karma do take it owns nature there will be a day to reveal all those that involved in that case but saying there are some politician who are involved in it is somethings that I m not too sure of because Americans are too strike on their judgement, including their offices. If it was like the Africans then we could vividly say that something cooked and formulated agendas was used to silent the whole cases.

[Husires]

I am not a fan of conspiracy theories, but let's assume that you are correct, what is the maximum wealth that FTX can pay to US politics? According to the latest estimates, the total assets of the FTX platform had reached about 10 billion dollars at best, and if we assume that this amount was available as liquidity, even if it is completely unlikely, then it is likely that there were between one billion and 5 billion that were ready for use, even if we assume that it was Using all that money in electoral propaganda, it will not change a lot of things, it is a point in a big sea, as the debt of the United States for one year exceeds about 2 trillion and it is impossible for you to control it by 5 billion or change its political tendencies.

FTX collapsed because of depositors' blind trust in a person who tried to buy everything quickly to prove to everyone that he had enough money and that customers' money was safe, but he was misusing it and printing fake tokens in return.

[avikz]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

Can't agree more! That's the case always with the US government.  

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.

Could be one of the reasons why American government is behind all centralized exchanges. But unfortunately, US government will have to face defeat once again. Because the world have moved to a free trade zone. If one country becomes restrictive, others open up.

So if US continues to scare crypto companies, they will just shut their operations there and move to a crypto friendly country. New Innovations in crypto space will happen somewhere else than America. That's simple!

[passwordnow]

These crackdowns are always going to lead to one thing and that's all about the money that's gonna flow into these cases.
Whilst in the case of Sam, it is for sure that there have been paid politicians or milked him money not knowing that the money that FTX/Sam has paid them is the money of the people that he has robbed. While those political pockets have been fat thanks to Sam, there goes those trusting and innocent people that have lost their money.

[Gyfts]

I am not a fan of conspiracy theories, but let's assume that you are correct, what is the maximum wealth that FTX can pay to US politics? According to the latest estimates, the total assets of the FTX platform had reached about 10 billion dollars at best, and if we assume that this amount was available as liquidity, even if it is completely unlikely, then it is likely that there were between one billion and 5 billion that were ready for use, even if we assume that it was Using all that money in electoral propaganda, it will not change a lot of things, it is a point in a big sea, as the debt of the United States for one year exceeds about 2 trillion and it is impossible for you to control it by 5 billion or change its political tendencies.

FTX collapsed because of depositors' blind trust in a person who tried to buy everything quickly to prove to everyone that he had enough money and that customers' money was safe, but he was misusing it and printing fake tokens in return.

Crypto crackdowns aren't conspiracy theories. The government is rather candid about their plans regarding regulations.

If you want to get into the conspiracy theories, you can look at larger motives for the activists and politicians that are advocates against crypto. New World Order? Globalists instilling their agenda? Perhaps something more inauspicious is going on. What could these people gain from ensuring you and I don't have access to decentralized currencies -- presumably wealth and power.

What happened with FTX and campaign contributions happens all the time in American politics. Seemingly people are surprised that the wealthy pay off politicians through indirect donations when that's been the status quo for many decades. The average net worth of the U.S. politician is 1M+. They're not gaining this wealth through their public salary alone.

[naira]

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.

I really agree with what you said, that if we review and examine further how SAM seems to be able to move freely and doesn't like being under close supervision. My point here is of course that this kind of treatment does not reflect true justice when the US government is silent so that no names are leaked to the public as a result of involvement in the flow of campaign funds and politics from SAM. With clear evidence, SAM should be completely defeated but how come the news is now dim? Mastering the media does not necessarily create commotion involving many parties and indeed this confusion must be answered. The lingering unfinished cases shows that the US legal system is elusive. The controls behind the scenes are tighter than they might appear on the surface.

[Aanuoluwatofunmi]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

You're already into being sentiment with this because we are no more under the era of modern slavery anymore, everyone is independently staying on it's own, they aren't forcing you under them bit they've got what will make you be under them through their development and economic power and growth.

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

So what you're trying to bring out is that the US depends on people like Sam to go on scandal activities and fund their political ambitions with the loot, because am not just getting your clear point concerning this.

[CryptSafe]

I think I buy your opinion of that of Americas action in addressing things as pertains to other nations and individuals but that does not mean that Other nation's and national can not do things freely.

As for Sam, it is unfortunate that investors lost funds entrusted to him to manage. From the looks, it is likely that he masterminded everything that has happened so as to make it look no one amongst the team is involved in the process but he forget that he is the sole custodian of the exchange as the founder and nothing could happen without his consent.

I believe that there is nothing hidden beneath the sun  and one day, everything would come to the limelight.

[Gozie51]

Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda,

This is a strong allegation

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

While investigating the scam in FTX, many more revelations might have been intertwined leading to what we now see as injustice but that said, America can't stop cryptocurrency, investment is a risk, guide your assets , use decentralised exchange.

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

We make mistake to think that there is a perfect society. No, there is none including the American society. Donald trump is facing allegations on scandal in the past while political analyst say it is all about his second time bid for the white house job. Politics is about interest, no permanent enemies. This is across all countries of the world.

[EarnOnVictor]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

I often read about spoiling the USA, but one thing that keeps coming to my mind is that the world is ingrate. What the USA has contributed to the health, peace and stability of this world is unmeasurable and will never be forgotten, and if they stop today, I can assure you that the whole world will be in derision. That war you called will now be truly obvious when many countries started fighting themselves over little differences. What I know of the USA is that they've been using their riches and power mostly for the benefit of all, but there is no way there won't be excesses at times, which I believe is forgivable, and it's not even as obvious as you make it look.

Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

I don't know what Sam's funding of politicians and others has to do with his and FTX's probe, after all, those politicians are not running the affairs of FTX. They, I believe, would have presumed Sam as a CEO of an approved multibillion dollars company. So, why should they be probed or indicted? Sam was running a dully registered company and even if he is sent to jail, it's him alone unless with any persons and politicians that connived with him in the fraudulent act, not those who merely spend the money he gave them.

People and companies will continue to fund anything or persons they want to, as long as the recipients are not involved in their direct criminality, they are good to go.

[Unbunplease]

I think I buy your opinion of that of Americas action in addressing things as pertains to other nations and individuals but that does not mean that Other nation's and national can not do things freely.

As for Sam, it is unfortunate that investors lost funds entrusted to him to manage. From the looks, it is likely that he masterminded everything that has happened so as to make it look no one amongst the team is involved in the process but he forget that he is the sole custodian of the exchange as the founder and nothing could happen without his consent.

I believe that there is nothing hidden beneath the sun  and one day, everything would come to the limelight.

Often the head of the stock exchange is a nominal figure. And in fact the business is run by others. This situation once again shows that you should not keep a lot of money in exchanges, because at any moment there can be a collapse of the exchange. And you have to be careful with promoted cryptocurrencies - maybe they are promoted only to be destroyed later.

[wajik-tempe]

If there are particular incidents or charges against Sam, the facts must be examined and the legal process must be followed. Without specific proof, jumping to assumptions can lead to erroneous charges and disinformation. The worry or concern around the rise of cryptocurrencies and its possible consequences for established financial institutions is a hotly debated issue. It is critical to remember that in democratic nations, the judicial system relies on the concepts of fairness, due process, and the assumption of innocent unless proven guilty.

[Hamza2424]

Hmm, I have my own views and predictions on the crackdown but for now, I am trying to stay calm and keep my eyes open on every fud situation to bring out an opportunity from it. Op can have a different view on it and someone else can have another view that can even oppose both of us. Actually, everyone has a dimension in which he stores his thoughts, experiences, and Actions we can't even say yes I can understand because we are not in that dimension but we can relate.

In this crisis as well some are new some hold some are afraid and some are happy that they got sometimes to prepare well for future events. This crack down is nothing but just a phase from which we will move to another one now its upto the player how he behaves and clears this round.

[Husires]

Crypto crackdowns aren't conspiracy theories. The government is rather candid about their plans regarding regulations.

The government is serious in its regulations regarding centralized exchanges, which are supposed to operate according to a regulatory framework and not against cryptocurrencies per se.
If you focus well, you will notice that the main goal is to separate the monetary financial system from cryptocurrencies so that these currencies do not have bank accounts or a dollar cover that gives an image to people that it has value or an entity that supports it and thus loses faith in it.
this campaign is good, as most altcoins will not withstand the regulatory tightening, and then all investments will go to Bitcoin, given that what is happening now is against centralized exchanges and not against cryptocurrencies.

[vv181]

It seems that everyone was once saying that regulations are coming, yet when they actually came, people are frightened.

The recent crackdown has nothing do to with FTX, well, at least they might start the domino effect, but the root causes are a whole lot bigger than them. The US did not scare if they did not become the biggest benefactor, in fact, they are enforcing the regulation that what had been lacking. So it is not they are touting dominance or even defunding political matters which came from cryptocurrency sources.

[irhact]

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.

The meltdown of FTX created more concerned for the crypto market and regulations has been the only option experts has been suggesting but I think FTX didn't have anything to do with the attack on binance. The security and exchange commission always wanted to take down Binance exchange and other Big exchanges like Coinbase operating in the US and they have seen an opportunity to make that happen.

FTX will be pardon because exposing him means exposing others and politicians will be among which will be very bad for the US reputation so I think they'll ignore all he has done because cryptocurency market isn't regulated, they'll use that as excuse to free him of all charges.

[retreat]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

-snip-

I quite agree with the point you conveyed. America will try everything in their power to suppress platforms that do not agree with it. Well, I don't blame them, because after all it is their jurisdiction to be able to regulate companies operating in their country, but the way they do it is like forcing companies to comply with all their regulations which are even quite unreasonable. In fact, they seem to regulate the crypto market globally and framing that Bitcoin is an insecure asset and does not need to be invested. But no matter how they do it, it will all be useless, because Bitcoin will still stand and be popular.

[Z390]

I am not a fan of conspiracy theories, but let's assume that you are correct, what is the maximum wealth that FTX can pay to US politics? According to the latest estimates, the total assets of the FTX platform had reached about 10 billion dollars at best, and if we assume that this amount was available as liquidity, even if it is completely unlikely, then it is likely that there were between one billion and 5 billion that were ready for use, even if we assume that it was Using all that money in electoral propaganda, it will not change a lot of things, it is a point in a big sea, as the debt of the United States for one year exceeds about 2 trillion and it is impossible for you to control it by 5 billion or change its political tendencies.

FTX collapsed because of depositors' blind trust in a person who tried to buy everything quickly to prove to everyone that he had enough money and that customers' money was safe, but he was misusing it and printing fake tokens in return.

Listen to what you said, it makes no sense, that's why it makes sense to someone like me, it's something that can't be seen as the truth, that's why it makes no sense, like it won't change a lot right? But for whom? The politicians? Why did you said this because I know that politicians use money as a tool when the next election is around the corner, they use millions of dollars for their own advantages and you said it won't change a lot? That's because you are seeing this as a civilian, not a politician.

[BenCodie]

America, from the beginning of time, they have always forcefully taking everything, and if they can't, it results to war, this is America, sorry friends and families on here if you are originally a US citizen.

Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.

It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.

If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light.

The reason why all this is happening with crypto is the money that crypto is capable of generating, the fear of crypto growing bigger and them America, not being the biggest benefactor scares them.

It's obvious that uncle Sam Bankman-(Free'd)Fried was placed into his position by his Stanford parents and their elite companions. The whole thing was probably plotted from the beginning. The investigation has been a sham, as has the fact of money re-appearing. The real fraud was not the robbery of exchange funds, rather the market manipulation caused by FTX's collapse and the amount of money that exchanges would have made from liquidating trades that otherwise should not have been liquidated.

America is definitely scared, and this time their fear isn't capable of being solved with physical war. This time, the war has to be won digitally. This is an impossible feat, and will cost America and their people the opportunity of saving themselves with Bitcoin