SECactions related to cryptocurrencies regulated by of FTXhas grown substantially since its bankruptcy.
U.S. Securities and Exchange Commission ( SEC), made about six sanctions moves in the last six in the time frame before the collapse of FTX. of FTX The SEC, which took approximately 17 regulatory actions during the six-month period after its bankruptcy, increased its pressure by 183 percent from the previous period. In addition, we recently moved to the 6-month timeframe compared to the SEC. BinanceAnd to Coinbase Cases filed are not included. Although the last two cases are not included, the SEC, which has increased its regulatory activities by nearly 200 percent, continues to make a name for itself globally.
Rumors Against SEC Increase: “You Are Incompetent To Control FTX!”
After the SEC took on Binance and Coinbase, the crypto ecosystem became even more turbulent. Surprising comments are coming from many authorities, companies and social media influencers. A lot of discussion has been started, especially about the failure of the SEC to oversee FTX.
Stating that the SEC’s control over some crypto exchanges is insufficient, investors express their opinions harshly by addressing the recent events. The importance of the news feed has turned the attention of crypto investors to the SEC and crypto exchanges.
