 | This one was a shocker. The banking crisis sure saw the publishing of a lot of dumb and misleading articles but this one still manages to take the cake. The Wall Street Post has posted an article titled: Crazy crypto-ruling judge shaking up the $1.2 trillion market. So the judge is not sane. Already off to a a heck of a start. The article then delves into quesitionable decisions of the US Supreme Court that have no real bearing on the Ripple case. Completely irrelevant information Then here's where they go wild. They state "Securities law experts" state that the ruling judge on the Ripple case is putting investors and their funds at risk and is helping out Wall Street to take advantage of said traders for more profit. First of all, who are these said "Securities laws experts" that say this?. Well, nobody knows. It's probably people they made up in their heads. Although I suppose with their influence they could also easily find someone with a some corporate-legal background who said some words that they could twist into what they want. But it appears they haven't even bother to go that far because I could find mention of these "experts" in the media and the article didn't link as references to said "experts". They then go on to further denegrate the decision of the judge. The thing is, almostverybody with any interest in crypto's status as securities in general knows that the law is absolutely not clear. After all, there was no crypto-specific regulation regarding the issue and the laws that we use are almost 100 years old. How could they provide any clarity? But instead of admitting that the laws are bad and need updating, they instead attack the judge and once again villify crypto as bypassing all the laws "meant to protect investors". And here's how you know the article is utter hit-piece garbage. The end of the article goes. https://nypost.com/2023/07/22/crazy-crypto-ruling-judge-shaking-up-the-1-2-trillion-market/ [link] [comments] |
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments