With Circle (Backed by goldman sachs) acquiring poloniex, what do you think about this from the twattersphere?
Seems like the SEC is just rolling over...
Thanks for the heads up. I don’t think that indicates the SEC is rolling over. It indicates to me the situation is rapidly heading towards regulated exchanges where they can easily confiscate and delist nearly all the ERC-20 tokens that were illegally issued as securities. The plan would be to get as many of these tokens stored on exchanges as possible before beginning the crackdown. This seems to play right into a nosebleed top in crypto markets later this year or early next.
Why do you think Vitalik is warning about crypto could go to zero and don’t put all your money there? He also sniffs a crackdown coming eventually.
Disclaimer: I am just a bot trying to be helpful.