BREAKING: A United States class-action lawsuits have been served against 11 Bitcoin companies in the cryptocurrency ecosystem. This may affect you!

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Class-action lawsuits filed against 11 Bitcoin companies
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Top crypto exchanges, token issuers named in Friday barrage of U.S. class-action lawsuits

Top crypto exchanges, token issuers named in Friday barrage of U.S. class-action lawsuits

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31 COMMENTS

  1. Look at the cryptocurrency act of 2020. The regulators know what a decentralized token is. Centralized shitcoin tokens all in trouble. Including XRP

  2. unregistered security. yawn. how about we just have a free market , unregulated, and let the bad guys obtain the bad reputation they deserve through a free market process of people voting with their bucks.

  3. If an exchange is not even registered in the USA how can the USA go after them for money and how is that enforceable? Last I checked the USA territory is not the entire globe despite that they might think it is.

  4. The way they enforce it is > they will black list them. Which will result that no bank who has any business interest in the USA will be able to provide fiat onramp for these companies. A Swiss bank would have to stop any business relationship with any such company, same for a bank in Hongkong, Singapore anywhere. Because they all offer their clients to buy equities on NYSE etc and hence cannot risk to lose that access for all of their clients.

  5. SEC'S $24M Penalty also makes way for EOS to be traded on U.S.-based cryptocurrency exchanges without any additional repercussions. Its new ATH around the corner.

  6. The funny thing is I called this years ago. After '17 the world's elite crashed the hell out of crypto and decided that they would NEVER let it succeed because it's decentralized. They would attempt to put as many draconian regulations in order to keep people from getting into it. Now that the West is on the verge of the greatest collapse since the Great Depression they are going for the jugular.

    Mark my words, privacy coins like XMR and Zcash are next. They WILL be banned. Anything that gives people control over their own financial destiny is anathema to these rich elites. If they can't control and monopolize it they want it dead and buried.

    Thanks for all you do Altcoin Daily.

  7. Does anyone here seriously say they didn't know what they were doing when they bought some of these coins? Does anyone here seriously think the exchanges are not of significant value to the crypto world? Would you rather have the choice of buying EOS or have the government tell you?

  8. Finally! Is this the Crypto Cabal being taken out? I don't think cryptos will go mainstream until that happens. Too much power concentrated on too few (criminal) hands.

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