50 sats \ 5 replies \ @jk_14 6 Jun 2023 \ parent \ on: SEC Charges Coinbase for Operating as an Unregistered Securities Exchange bitcoin
Everybody running exchanges like Coinbase - had from the beginning the knowledge, that listing coins with premine is more risky than listing coins without premine. But greed was bigger than fear, it seems...
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66 sats \ 3 replies \ @m00ninite 6 Jun 2023
Just the cost of doing business. Whatever punishment (if any) coming their way is dwarfed by the insane profit over the last several years
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66 sats \ 2 replies \ @jk_14 6 Jun 2023
That was their fully conscious decision, then.
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0 sats \ 1 reply \ @faithandcredit 6 Jun 2023
Why have sidechains not really taken off
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3 sats \ 0 replies \ @m00ninite 6 Jun 2023
Probably cus spinning your own altcoin makes a lot more money.
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0 sats \ 0 replies \ @faithandcredit 6 Jun 2023
But what are they supposed to do. One exchange does it, SEC says nothing, and since its popular among traders other exchanges have to follow suit or lose users
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