tldr; A US agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for “possible misconduct”. The Federal Trade Commission spokesperson declined to name the firms or say precisely what actions prompted the investigations. “While we can’t comment on current events in the crypto markets, we are investigating several firms for possible misconduct concerning digital assets,” the spokesperson said.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
How much you wanna bet nothing will come of this?
Hope this will not bring unnecessary regulations, but something needs to be done about these firms for sure.
How about they first stop sugarcoating SBF and actually put him to trial?
Sorry guys we found nothing but these swell donations to our Xmas party.
tldr; A US agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for “possible misconduct”. The Federal Trade Commission spokesperson declined to name the firms or say precisely what actions prompted the investigations. “While we can’t comment on current events in the crypto markets, we are investigating several firms for possible misconduct concerning digital assets,” the spokesperson said.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Surely they’re going after FTX right? Right?!
“misconduct” sure is a fancy word for blatantly scamming their clients.
*Laughing in FTX*
This isn’t negative. There needs to be a way to prosecute rugpulls and scams.
Cool news.