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Look him up. Claims to be Satoshi, but he is most likely not. Though he may have been part of the Satoshi team that created bitcoin. He knows things only people there at the very beginning could know.

They mostly shutter a whole industry in a couple ways. First they will go after every single ICO that did not exactly follow regulations when they launched. They force them to pay back every dollar raised and register with the SEC. If they do not, the coins are delisted from exchanges. That removes like 75% of the coins on coinmarketcap. Also they go through the exchanges and any exchange that traded unregistered securities they shut them down for violating securities laws. That would shut down just about every major crypto exchange that trades altcoins. Those two actions alone would wipe out most of the crypto industry as we know it currently.

So, did STEEM follow regulations? Or how was it launched? ty

I do not know exactly to be honest. I know there was never an ICO, which was good. Though there are still some questions about how things were handled when steem first launched. Most likely steem will be fine, but if the entire market tanks, the price of steem will come way down with it.

Sounds we're sitting decent... i think it's all a scare / witch hunt, but who knows depending if the powers that be want to white wash crypto and make it THEIR 'decentral' but really completely centralized scam ... u.s. dollar 2.0 , etc