The hidden agenda behind the recent SEC crypto crackdown:
Big TradFi funds sat back in 2017 and 2021 and watched crypto exhibit 1000%+ returns, whilst they were sidelined watching their equities grind up 10% per year.
This made them extremely envious of new crypto startups making BILLIONS from crypto trading.
These big companies (BlackRock, JP Morgan, Goldman Sachs, Citadel etc.) are used to controlling financial markets, and crypto makes them feel threatened.
"Kill" crypto businesses via aggressive regulation, so that big TradFi can step in and control US trading.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
The hidden agenda behind the recent SEC crypto crackdown:
Big TradFi funds sat back in 2017 and 2021 and watched crypto exhibit 1000%+ returns, whilst they were sidelined watching their equities grind up 10% per year.
This made them extremely envious of new crypto startups making BILLIONS from crypto trading.
These big companies (BlackRock, JP Morgan, Goldman Sachs, Citadel etc.) are used to controlling financial markets, and crypto makes them feel threatened.
"Kill" crypto businesses via aggressive regulation, so that big TradFi can step in and control US trading.