There are allegations that Criminal Short Sellers and Billionaire Hedge Funds have stolen 100 Trillion dollars from retail investors, pension funds, 401k plans and companies. The SEC set back over the past decades and watched it happen. Furthermore, these bad actors are still making billions of naked short or counterfeit shares a day. They are stealing billions. They want stop them.
Tag: sec
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The SEC Unveiled ‘Project Crypto
“To achieve President Trump’s vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of moving our markets from an off-chain environment to an on-chain one,” SEC chair Paul Atkins said in remarks to an “American Leadership in the Digital Finance Revolution” conference Thursday afternoon , referring to blockchain technology that enables cryptocurrencies, but has other applications as well.
On Thursday, Securities and Exchange Commission chair Paul Atkins delivered an address signaling a new era for the top regulator. After the SEC spent years combating the blockchain industry through enforcement actions, the newly appointed Atkins announced an initiative dubbed “Project Crypto” that will turn the U.S. into the “crypto capital of the world.” Read Full Article